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    <title>2018 (2) TMI 1981 - ITAT KOLKATA</title>
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    <description>The Tribunal allowed the appeal, finding that the transactions between the assessee and Subhchintak Vancom Pvt. Ltd. were current account transactions and not deemed dividend income under section 2(22)(e) of the Income Tax Act, 1961. Relying on case law and legal provisions, the Tribunal held that the revision order lacked jurisdiction, quashing it and providing relief to the assessee.</description>
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      <description>The Tribunal allowed the appeal, finding that the transactions between the assessee and Subhchintak Vancom Pvt. Ltd. were current account transactions and not deemed dividend income under section 2(22)(e) of the Income Tax Act, 1961. Relying on case law and legal provisions, the Tribunal held that the revision order lacked jurisdiction, quashing it and providing relief to the assessee.</description>
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