https://www.taxtmi.com/caselaws?id=266333 The Tribunal allowed the appeal, ruling in favor of the appellant in a case concerning the addition of deemed dividend under section 2(22)(e) of the Income-tax Act, 1961. It held that since the appellant was not a shareholder of the company in question, the amount could not be taxed in their hands. The judgment clarified that the provisions of section 2(22)(e) do not apply to non-registered shareholders, emphasizing the significance of shareholding for the application of such provisions. en-us Wed, 10 Jun 2015 00:00:00 +0530 Mon, 19 Oct 2015 20:34:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266333 The Tribunal allowed the appeal, ruling in favor of the appellant in a case concerning the addition of deemed dividend under section 2(22)(e) of the Income-tax Act, 1961. It held that since the appellant was not a shareholder of the company in question, the amount could not be taxed in their hands. The judgment clarified that the provisions of section 2(22)(e) do not apply to non-registered shareholders, emphasizing the significance of shareholding for the application of such provisions. Case-Laws Income Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266333