Deemed dividend addition u/s 2(22)(e) - assessee should have ...

Court Rules No Deemed Dividend Addition Under Sec 2(22)(e) as No Loans or Advances Received by Assessee.

November 13, 2018

Case Laws Income Tax AT

Deemed dividend addition u/s 2(22)(e) - assessee should have received loans or advances and pays the same subsequently. In the given case, no such things were noticed - we cannot cherry pick certain transactions and term them as ‘loans and advances’ - No additions.

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Deemed dividend addition u/s 2(22)(e) - assessee should have ...

Court Rules No Deemed Dividend Addition Under Sec 2(22)(e) as No Loans or Advances Received by Assessee.

November 13, 2018

Case Laws Income Tax AT

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