https://www.taxtmi.com/caselaws?id=379173 The Tribunal upheld the decisions of the ld. CIT(A) in deleting the disallowance under section 14A of the Income Tax Act, justifying the deletion of the addition made under section 41(1) regarding sundry creditors, and deleting the addition towards deemed dividend under section 2(22)(e) due to the absence of shareholding. As a result, the Revenue's appeals for both assessment years were dismissed. en-us Wed, 24 Apr 2019 00:00:00 +0530 Mon, 29 Apr 2019 06:56:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379173 The Tribunal upheld the decisions of the ld. CIT(A) in deleting the disallowance under section 14A of the Income Tax Act, justifying the deletion of the addition made under section 41(1) regarding sundry creditors, and deleting the addition towards deemed dividend under section 2(22)(e) due to the absence of shareholding. As a result, the Revenue's appeals for both assessment years were dismissed. Case-Laws Income Tax Wed, 24 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379173