https://www.taxtmi.com/caselaws?id=429849 The appeal was partly allowed, with the Tribunal dismissing the violation of natural justice claim and ruling in favor of the assessee on issues related to disallowance under Section 14A and addition as deemed dividend under Section 2(22)(e) in part. The Tribunal directed the reclassification of rental income as "Income from House Property" and deletion of the addition to book profit under Section 115JB. The decision highlighted the significance of consistency and adherence to legal principles and precedents. en-us Fri, 14 Oct 2022 00:00:00 +0530 Sat, 05 Nov 2022 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429849 The appeal was partly allowed, with the Tribunal dismissing the violation of natural justice claim and ruling in favor of the assessee on issues related to disallowance under Section 14A and addition as deemed dividend under Section 2(22)(e) in part. The Tribunal directed the reclassification of rental income as "Income from House Property" and deletion of the addition to book profit under Section 115JB. The decision highlighted the significance of consistency and adherence to legal principles and precedents. Case-Laws Income Tax Fri, 14 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429849