https://www.taxtmi.com/highlights?id=24603 Deemed dividend u/s 2(22)(e) - AO failed to appreciate that term ‘deposit’ cannot means ‘loan’ or ‘advance’ - these amounts are in nature of Inter Corporate Deposits (ICD), which has been given one corporate to another corporate and therefore, no loan or advance as contemplated u/s.2(22)(e) - AT en-us Tue, 08 Sep 2015 10:47:03 +0530 Tue, 08 Sep 2015 10:47:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24603 Deemed dividend u/s 2(22)(e) - AO failed to appreciate that term ‘deposit’ cannot means ‘loan’ or ‘advance’ - these amounts are in nature of Inter Corporate Deposits (ICD), which has been given one corporate to another corporate and therefore, no loan or advance as contemplated u/s.2(22)(e) - AT Highlights Income Tax Tue, 08 Sep 2015 10:47:03 +0530 https://www.taxtmi.com/highlights?id=24603