https://www.taxtmi.com/highlights?id=36761 Deemed dividend u/s 2(22)(e) - receipt of advance against agreement to sale the property to the company - subsequently agreement was cancelled due to fall in market price - so called ‘fall in market value of property and subsequent change in circumstances’ would not have come in the way of alleged sale transaction of the subject property. - additions confirmed. en-us Mon, 06 Nov 2017 08:49:41 +0530 Mon, 06 Nov 2017 08:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=36761 Deemed dividend u/s 2(22)(e) - receipt of advance against agreement to sale the property to the company - subsequently agreement was cancelled due to fall in market price - so called ‘fall in market value of property and subsequent change in circumstances’ would not have come in the way of alleged sale transaction of the subject property. - additions confirmed. Highlights Income Tax Mon, 06 Nov 2017 08:49:41 +0530 https://www.taxtmi.com/highlights?id=36761