https://www.taxtmi.com/caselaws?id=256065 The Tribunal dismissed the Revenue's appeal, confirming that the addition under Section 2(22)(e) was not taxable in the assessee's hands as it was not a shareholder of the payer company. The CIT(A)'s decision was upheld based on legal precedents, emphasizing that the legal fiction under Section 2(22)(e) only extends to the definition of "dividend" and not to the "shareholder." The appeal by the Revenue was ultimately dismissed. en-us Fri, 30 Jan 2015 00:00:00 +0530 Tue, 03 Feb 2015 06:02:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256065 The Tribunal dismissed the Revenue's appeal, confirming that the addition under Section 2(22)(e) was not taxable in the assessee's hands as it was not a shareholder of the payer company. The CIT(A)'s decision was upheld based on legal precedents, emphasizing that the legal fiction under Section 2(22)(e) only extends to the definition of "dividend" and not to the "shareholder." The appeal by the Revenue was ultimately dismissed. Case-Laws Income Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256065