https://www.taxtmi.com/highlights?id=28045 Deemed dividend addition u/s 2(22) - Loan or Advance - The fact that the rents payable by PIPL to the Assessee were adjusted against the monies refundable by the Assessee to PIPL is a matter of adjustment between the parties. That adjustment cannot be the basis to hold that PIPL has given a “loan or advance” to the Assessee - AT en-us Sat, 19 Mar 2016 10:57:47 +0530 Sat, 19 Mar 2016 10:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28045 Deemed dividend addition u/s 2(22) - Loan or Advance - The fact that the rents payable by PIPL to the Assessee were adjusted against the monies refundable by the Assessee to PIPL is a matter of adjustment between the parties. That adjustment cannot be the basis to hold that PIPL has given a “loan or advance” to the Assessee - AT Highlights Income Tax Sat, 19 Mar 2016 10:57:47 +0530 https://www.taxtmi.com/highlights?id=28045