https://www.taxtmi.com/caselaws?id=292199 The Tribunal dismissed both appeals by the Revenue challenging the deletion of deemed dividend addition under section 2(22)(e) for assessment years 2008-09 and 2009-10. The Tribunal upheld the ld.CIT(A)'s decision, emphasizing the necessity of incriminating material for additions under section 153A. Additionally, the Tribunal dismissed the Cross Objections by the assessee as infructuous due to the deletion of additions in the main appeals. Consistency was maintained in applying legal principles across related appeals, ensuring uniformity in decisions. en-us Fri, 13 Dec 2019 00:00:00 +0530 Fri, 11 Dec 2020 12:00:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292199 The Tribunal dismissed both appeals by the Revenue challenging the deletion of deemed dividend addition under section 2(22)(e) for assessment years 2008-09 and 2009-10. The Tribunal upheld the ld.CIT(A)'s decision, emphasizing the necessity of incriminating material for additions under section 153A. Additionally, the Tribunal dismissed the Cross Objections by the assessee as infructuous due to the deletion of additions in the main appeals. Consistency was maintained in applying legal principles across related appeals, ensuring uniformity in decisions. Case-Laws Income Tax Fri, 13 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292199