Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
⚠️ This portal will be discontinued soon
Home
The Revenue appealed the deletion of Rs. 40,000 addition as deemed dividend income by the AAC. The ITAT held that the amount was not assessable as deemed dividend income but as short-term capital gains. The appeal by the Revenue was rejected. (Case: Appellate Tribunal ITAT DELHI-B, Citation: 1985 (12) TMI 106 - ITAT DELHI-B)
|