https://www.taxtmi.com/caselaws?id=260138 The Tribunal upheld the Assessing Officer's order, treating the loan as deemed dividend under section 2(22)(e) in the hands of the assessee due to substantial shareholding in the lending and borrowing companies. The appeal by the revenue was allowed, setting aside the CIT(A)'s deletion of the addition. en-us Fri, 14 Nov 2014 00:00:00 +0530 Wed, 03 Jun 2015 06:10:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260138 The Tribunal upheld the Assessing Officer's order, treating the loan as deemed dividend under section 2(22)(e) in the hands of the assessee due to substantial shareholding in the lending and borrowing companies. The appeal by the revenue was allowed, setting aside the CIT(A)'s deletion of the addition. Case-Laws Income Tax Fri, 14 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260138