https://www.taxtmi.com/caselaws?id=263989 The Tribunal partially allowed the Revenue's appeal for statistical purposes, upholding that the payments made by the assessee for business purposes and reimbursed by the company did not constitute deemed dividend under section 2(22)(e) of the Income-tax Act, 1961. The issue was remanded to the Assessing Officer for verification of any personal expenditures reimbursed by the company to the assessee, which would then be treated as deemed dividend under the Act. en-us Fri, 17 Apr 2015 00:00:00 +0530 Tue, 15 Sep 2015 07:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263989 The Tribunal partially allowed the Revenue's appeal for statistical purposes, upholding that the payments made by the assessee for business purposes and reimbursed by the company did not constitute deemed dividend under section 2(22)(e) of the Income-tax Act, 1961. The issue was remanded to the Assessing Officer for verification of any personal expenditures reimbursed by the company to the assessee, which would then be treated as deemed dividend under the Act. Case-Laws Income Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263989