https://www.taxtmi.com/caselaws?id=383582 The SC upheld the deletion of the addition of dividend income for AY 2012-13 as the assessee did not receive any dividend income during that year. The Tribunal found the Revenue's addition lacked basis and directed the Assessing Officer to delete it. The Tribunal's decision was based on the fact that the dividend income was received in the subsequent financial year and not in the relevant year. The SC dismissed the Appeal, stating no error of law was found in the impugned order. en-us Tue, 23 Jul 2019 00:00:00 +0530 Thu, 25 Jul 2019 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383582 The SC upheld the deletion of the addition of dividend income for AY 2012-13 as the assessee did not receive any dividend income during that year. The Tribunal found the Revenue's addition lacked basis and directed the Assessing Officer to delete it. The Tribunal's decision was based on the fact that the dividend income was received in the subsequent financial year and not in the relevant year. The SC dismissed the Appeal, stating no error of law was found in the impugned order. Case-Laws Income Tax Tue, 23 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383582