https://www.taxtmi.com/caselaws?id=298379 The appeals challenging the Income Tax Appellate Tribunal's order for Assessment years 2007-08, 2008-09, and 2009-10 were dismissed. The court upheld the respondent-assessee's appeal on the treatment of dividend income and negative reserve adjustments, citing precedents from previous cases. The revenue's appeals were dismissed as they did not raise substantial questions of law. The judgment provides clarity on the tax treatment of dividend income and negative reserve adjustments under the Income Tax Act based on established legal principles and statutory provisions. en-us Tue, 15 Sep 2015 00:00:00 +0530 Fri, 29 Oct 2021 04:26:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298379 The appeals challenging the Income Tax Appellate Tribunal's order for Assessment years 2007-08, 2008-09, and 2009-10 were dismissed. The court upheld the respondent-assessee's appeal on the treatment of dividend income and negative reserve adjustments, citing precedents from previous cases. The revenue's appeals were dismissed as they did not raise substantial questions of law. The judgment provides clarity on the tax treatment of dividend income and negative reserve adjustments under the Income Tax Act based on established legal principles and statutory provisions. Case-Laws Income Tax Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298379