https://www.taxtmi.com/caselaws?id=401852 The High Court dismissed the Revenue's appeals against the CIT(A)'s orders for assessment years 2012-13, affirming the deletion of deemed dividend addition in the partners' hands. The Court held that further addition in the partners' hands would result in double addition, which was deemed unfair and unreasonable. The ITAT upheld the CIT(A)'s decision, considering the principle of avoiding double additions and ensuring fairness in the assessment process. en-us Tue, 02 Jun 2020 00:00:00 +0530 Fri, 18 Dec 2020 16:34:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401852 The High Court dismissed the Revenue's appeals against the CIT(A)'s orders for assessment years 2012-13, affirming the deletion of deemed dividend addition in the partners' hands. The Court held that further addition in the partners' hands would result in double addition, which was deemed unfair and unreasonable. The ITAT upheld the CIT(A)'s decision, considering the principle of avoiding double additions and ensuring fairness in the assessment process. Case-Laws Income Tax Tue, 02 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401852