https://www.taxtmi.com/caselaws?id=401888 The High Court addressed multiple issues related to income tax assessments, including the adhoc disallowance of dividend income, set-off of losses of specific units, disallowance of deferred compensation, exclusion of certain items from turnover calculations, and treatment of specific activities for deduction purposes. The Court ruled in favor of both the appellant and the revenue on different issues, citing legal precedents and interpretations of the Income Tax Act, 1961. The judgment provided detailed analysis and explanations for each matter, ensuring a comprehensive review of the disputes. en-us Wed, 09 Dec 2020 00:00:00 +0530 Sat, 19 Dec 2020 06:17:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401888 The High Court addressed multiple issues related to income tax assessments, including the adhoc disallowance of dividend income, set-off of losses of specific units, disallowance of deferred compensation, exclusion of certain items from turnover calculations, and treatment of specific activities for deduction purposes. The Court ruled in favor of both the appellant and the revenue on different issues, citing legal precedents and interpretations of the Income Tax Act, 1961. The judgment provided detailed analysis and explanations for each matter, ensuring a comprehensive review of the disputes. Case-Laws Income Tax Wed, 09 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401888