https://www.taxtmi.com/caselaws?id=260910 The Tribunal dismissed both the Revenue's and the Assessee's appeals, upholding the CIT(A)'s decision regarding the treatment of the loan amount received from M/s. Abhishek Engineers Pvt. Ltd. as deemed dividend under section 2(22)(e) of the I.T. Act. The Tribunal emphasized the importance of following legal procedures and jurisdictional limitations in appeals, citing relevant case laws and lack of evidence that the Assessee was a shareholder of the lending company. en-us Thu, 12 Feb 2015 00:00:00 +0530 Wed, 25 Feb 2015 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260910 The Tribunal dismissed both the Revenue's and the Assessee's appeals, upholding the CIT(A)'s decision regarding the treatment of the loan amount received from M/s. Abhishek Engineers Pvt. Ltd. as deemed dividend under section 2(22)(e) of the I.T. Act. The Tribunal emphasized the importance of following legal procedures and jurisdictional limitations in appeals, citing relevant case laws and lack of evidence that the Assessee was a shareholder of the lending company. Case-Laws Income Tax Thu, 12 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260910