https://www.taxtmi.com/caselaws?id=444048 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the AO regarding excess dividend, confirming that the modification of terms by JEPL complied with the Companies Act and DDT was paid. The Tribunal also dismissed the Revenue's claim of tax evasion through a colorable device, finding no error in the CIT(A)'s ruling. Consequently, the appeal filed by the Revenue was dismissed. en-us Thu, 05 Oct 2023 00:00:00 +0530 Wed, 18 Dec 2024 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444048 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the AO regarding excess dividend, confirming that the modification of terms by JEPL complied with the Companies Act and DDT was paid. The Tribunal also dismissed the Revenue's claim of tax evasion through a colorable device, finding no error in the CIT(A)'s ruling. Consequently, the appeal filed by the Revenue was dismissed. Case-Laws Income Tax Thu, 05 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444048