https://www.taxtmi.com/caselaws?id=266330 The Appellate Tribunal allowed the appellant's appeal, ruling in favor of the appellant and deleting the addition of deemed dividends amounting to Rs. 11,24,237. The Tribunal emphasized that the transactions in question were routine business dealings and not subject to deemed dividend treatment under section 2(22)(e) of the Income Tax Act, 1961. en-us Tue, 09 Jun 2015 00:00:00 +0530 Mon, 19 Oct 2015 20:34:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266330 The Appellate Tribunal allowed the appellant's appeal, ruling in favor of the appellant and deleting the addition of deemed dividends amounting to Rs. 11,24,237. The Tribunal emphasized that the transactions in question were routine business dealings and not subject to deemed dividend treatment under section 2(22)(e) of the Income Tax Act, 1961. Case-Laws Income Tax Tue, 09 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266330