https://www.taxtmi.com/caselaws?id=382004 The Tribunal allowed the appeal for statistical purposes, condoning the delay in filing the appeal and admitting it. Regarding the addition of deemed dividend u/s 2(22)(e), the Tribunal directed the AO to recalculate the deemed dividend based on current year profits. For the unexplained credit in the capital account, the issue was remanded to the AO for fresh adjudication due to incomplete details provided by the appellant, emphasizing the need for cooperation in providing necessary information. en-us Mon, 17 Jun 2019 00:00:00 +0530 Sun, 23 Jun 2019 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382004 The Tribunal allowed the appeal for statistical purposes, condoning the delay in filing the appeal and admitting it. Regarding the addition of deemed dividend u/s 2(22)(e), the Tribunal directed the AO to recalculate the deemed dividend based on current year profits. For the unexplained credit in the capital account, the issue was remanded to the AO for fresh adjudication due to incomplete details provided by the appellant, emphasizing the need for cooperation in providing necessary information. Case-Laws Income Tax Mon, 17 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382004