No deemed dividend u/s 2(22)(e) when loan was received for commercial transaction and interest was paid on it In a…
Deemed dividend to be taxed in the hands of individual shareholder and not in the hands of Partnership Firm in…
Deemed dividend u/s 2(22)(e) applies only to net debit balance of advances in all accounts where assessee is maintaining multiple…
Revision u/s 263 quashed as AO in view the legal position made a conscious decision holding that section 2(22)(e) was…
Penalty u/s 271(1)(c) on account of deemed dividend addition u/s 2(22)(e) deleted. Penalty cannot be imposed in a debatable issue…
Unaccounted tax liabilities to be deducted from reserves for levy of deemed dividend u/s 2(22)(e). AO should consider the liability…
No deemed dividend u/s 2(22)(e) when assessee not the beneficial owner of shares. Issue pending before larger bench of Supreme…
Advances made to group companies who were short of funds in order to honour cheque not deemed dividend but advances…
Closing debit balance of directors current account not deemed dividend u/s 2(22)(e) if no fresh loan/advance was given during the…
Proportionate allocation of deemed dividend based on shareholding of borrowing company may arise if there are two or more common…