https://www.taxtmi.com/caselaws?id=268473 The Tribunal determined that the amounts in the 'Sandeep Sabharwal Advance Account' were loans/advances, directing the computation of deemed dividend based on the peak amount, subject to accumulated profits. The Revenue's appeal was allowed for statistical purposes, modifying the CIT(A)'s order. en-us Wed, 14 Oct 2015 00:00:00 +0530 Thu, 26 Nov 2015 06:52:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268473 The Tribunal determined that the amounts in the 'Sandeep Sabharwal Advance Account' were loans/advances, directing the computation of deemed dividend based on the peak amount, subject to accumulated profits. The Revenue's appeal was allowed for statistical purposes, modifying the CIT(A)'s order. Case-Laws Income Tax Wed, 14 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268473