2021 (9) TMI 1341 - SCH - Income Tax

Assessment u/s 153A - Deemed dividend addition u/s 2(22)(e) - HC held that Revenue does not urge that it discovered any new material justifying the addition under Section 2(22)(e). Rather, there was no material to connect the additions made under that head - HELD THAT - Issue notice on the application for condonation of delay as well as on the Special Leave Petition. Dasti, in addition, is permitted.

Summary

The Supreme Court of India issued an order to issue notice on the application for condonation of delay and the Special Leave Petition. Dasti is permitted, and the case will be heard along with C.A. No. 14702 of 2015.