https://www.taxtmi.com/caselaws?id=27326 The court ruled against the assessee, the executor of her late husband's estate, in a case regarding the entitlement to set-off deemed dividends against dividends actually declared for assessment years 1967-68, 1968-69, and 1969-70. The court dismissed the argument of potential double taxation and emphasized the clear requirements that were not met in this case. The court held that the assessee was not entitled to set off deemed dividends against the dividends actually declared, ordering the assessee to pay the costs of the reference to the Revenue. en-us Mon, 03 Sep 1984 00:00:00 +0530 Fri, 12 Feb 2010 11:39:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27326 The court ruled against the assessee, the executor of her late husband's estate, in a case regarding the entitlement to set-off deemed dividends against dividends actually declared for assessment years 1967-68, 1968-69, and 1969-70. The court dismissed the argument of potential double taxation and emphasized the clear requirements that were not met in this case. The court held that the assessee was not entitled to set off deemed dividends against the dividends actually declared, ordering the assessee to pay the costs of the reference to the Revenue. Case-Laws Income Tax Mon, 03 Sep 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27326