https://www.taxtmi.com/highlights?id=33131 Deemed dividend u/s 2(22)(e) - one of the partners of the assessee firm was holding major share holding - Since the assessee firm was not shareholder in the lender company, viz. M/s Siroya FM Construction Pvt Ltd, the impugned amount of loan cannot be taxed in the hands of the assessee firm as deemed dividend - AT en-us Sat, 04 Feb 2017 12:44:12 +0530 Sat, 04 Feb 2017 12:44:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33131 Deemed dividend u/s 2(22)(e) - one of the partners of the assessee firm was holding major share holding - Since the assessee firm was not shareholder in the lender company, viz. M/s Siroya FM Construction Pvt Ltd, the impugned amount of loan cannot be taxed in the hands of the assessee firm as deemed dividend - AT Highlights Income Tax Sat, 04 Feb 2017 12:44:12 +0530 https://www.taxtmi.com/highlights?id=33131