https://www.taxtmi.com/caselaws?id=377116 The Bombay High Court clarified its territorial jurisdiction in entertaining Revenue appeals and upheld the Tribunal's decision that a sum of Rs. 4.07 Crores was not deemed dividend but a repayment of a loan by the Assessee to the Company. The Court emphasized that the issue was factual, with no legal question. The Court dismissed the Revenue's appeals, including a related one involving Rs. 21.20 Crores, as they were factually similar. en-us Mon, 18 Feb 2019 00:00:00 +0530 Sat, 23 Mar 2019 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377116 The Bombay High Court clarified its territorial jurisdiction in entertaining Revenue appeals and upheld the Tribunal's decision that a sum of Rs. 4.07 Crores was not deemed dividend but a repayment of a loan by the Assessee to the Company. The Court emphasized that the issue was factual, with no legal question. The Court dismissed the Revenue's appeals, including a related one involving Rs. 21.20 Crores, as they were factually similar. Case-Laws Income Tax Mon, 18 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377116