https://www.taxtmi.com/caselaws?id=182786 The High Court affirmed the Tribunal's decision that an advance received for the sale of land was not deemed dividend under section 2(22)(e) of the Income Tax Act, as it was part consideration for the property sale, not a loan. Regarding the advance for transportation charges, the High Court upheld the Tribunal's finding that a portion of the amount received was for services rendered by the assessee, dismissing the appeal due to no substantial question of law arising. en-us Fri, 17 Sep 2010 00:00:00 +0530 Thu, 19 May 2016 15:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182786 The High Court affirmed the Tribunal's decision that an advance received for the sale of land was not deemed dividend under section 2(22)(e) of the Income Tax Act, as it was part consideration for the property sale, not a loan. Regarding the advance for transportation charges, the High Court upheld the Tribunal's finding that a portion of the amount received was for services rendered by the assessee, dismissing the appeal due to no substantial question of law arising. Case-Laws Income Tax Fri, 17 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182786