https://www.taxtmi.com/caselaws?id=218734 The Tribunal dismissed the Revenue's appeal, confirming that the addition under Section 2(22)(e) of the Income Tax Act was not applicable to the assessee company as it was not a shareholder in the other company. The Tribunal directed the Assessing Officer to ensure that the deemed dividend is taxed in the hands of the concerned shareholder to prevent any income escapement. en-us Fri, 20 Jan 2012 00:00:00 +0530 Sat, 24 Nov 2012 02:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218734 The Tribunal dismissed the Revenue's appeal, confirming that the addition under Section 2(22)(e) of the Income Tax Act was not applicable to the assessee company as it was not a shareholder in the other company. The Tribunal directed the Assessing Officer to ensure that the deemed dividend is taxed in the hands of the concerned shareholder to prevent any income escapement. Case-Laws Income Tax Fri, 20 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218734