https://www.taxtmi.com/caselaws?id=284189 Dividend declared after the expiry of twelve months from the end of the relevant previous year could still be treated as dividend declared for section 104 purposes where no detriment to the revenue was shown. Section 104(2) prevented an order under section 104(1) because the Tribunal found that postponement of distribution would not have conferred any benefit on the revenue even if the dividend had been declared within the prescribed period. The order under section 104(1) was therefore not justified, and the principle operated in favour of the assessee. en-us Wed, 08 Nov 2000 00:00:00 +0530 Wed, 06 Nov 2019 10:49:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284189 Dividend declared after the expiry of twelve months from the end of the relevant previous year could still be treated as dividend declared for section 104 purposes where no detriment to the revenue was shown. Section 104(2) prevented an order under section 104(1) because the Tribunal found that postponement of distribution would not have conferred any benefit on the revenue even if the dividend had been declared within the prescribed period. The order under section 104(1) was therefore not justified, and the principle operated in favour of the assessee. Case-Laws Income Tax Wed, 08 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284189