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2012 (3) TMI 265 - PUNJAB AND HARYANA HIGH COURTAddition made in assessee's hands relating to dividend income on bonus shares received by M/s. Raman Kant Brothers & Associates to whom the assessee had earlier gifted equity shares and that this said gift was held to be wholly void – Tribunal deleted the addition – Held that:- Division Bench judgment of this Court in 2001 answered the question in favor of assessee in respect of the A.Y. 1989- 90 and since Revenue could not successfully point out any distinguishing feature between the decided case and the one in hand. Thus decided in favor of the assessee.
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