2011 (5) TMI 1096 - HC - Income Tax

Summary

The Delhi High Court dismissed the appeal in a case related to Section 2(22)(e) of the Income Tax Act, stating that the assessment should be in the hands of the shareholder of the company, not the assessee. The judgment was based on a previous ruling dated 11.5.2011 in ITA No. 462/2009 (CIT V/S ANKITECH PVT LTD.).