https://www.taxtmi.com/caselaws?id=179688 The Tribunal upheld the lower authorities' decision, confirming the treatment of the sum received by the assessee as deemed dividend under section 2(22)(e) of the Income Tax Act. The appeal filed by the assessee was dismissed based on the finding that the transactions in question fell within the purview of deemed dividend, considering the substantial interest held by the assessee in the company as per the shareholding pattern during the relevant assessment year. en-us Fri, 17 Jul 2015 00:00:00 +0530 Tue, 08 Mar 2016 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179688 The Tribunal upheld the lower authorities' decision, confirming the treatment of the sum received by the assessee as deemed dividend under section 2(22)(e) of the Income Tax Act. The appeal filed by the assessee was dismissed based on the finding that the transactions in question fell within the purview of deemed dividend, considering the substantial interest held by the assessee in the company as per the shareholding pattern during the relevant assessment year. Case-Laws Income Tax Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179688