https://www.taxtmi.com/caselaws?id=181479 The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s decision to delete the addition of deemed dividend u/s.2(22)(e) for the assessment year 2004-05. The Tribunal upheld the CIT(A)'s reasoning that no loans or advances were given to the assessee by its subsidiary, leading to the deletion of the deemed dividend addition. The decision was based on established principles and previous rulings, with the Tribunal finding no merit in the objections raised by the Departmental Representative. en-us Fri, 07 Jan 2011 00:00:00 +0530 Mon, 18 Apr 2016 15:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181479 The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s decision to delete the addition of deemed dividend u/s.2(22)(e) for the assessment year 2004-05. The Tribunal upheld the CIT(A)'s reasoning that no loans or advances were given to the assessee by its subsidiary, leading to the deletion of the deemed dividend addition. The decision was based on established principles and previous rulings, with the Tribunal finding no merit in the objections raised by the Departmental Representative. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181479