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2014 (8) TMI 1135 - HC - Income TaxDeemed dividend addition u/s 2(22)(e) - Held that:- We find that the issues are covered by the judgment of this Court delivered in CIT, Kolkata-III, Kolkata vs. M/s. Baljit Securities Pvt. Ltd. (2013 (6) TMI 793 - CALCUTTA HIGH COURT) in which it was held the definition of ‘dividend’ has been enlarged by a legal fiction which does not extend to ‘shareholder’. In this case, the respondent assessee is not a shareholder of M/s. Pataka Industries Ltd. - Decided in favour of assessee.
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