https://www.taxtmi.com/highlights?id=37676 Deemed dividend u/s 2(22)(e) - payments effected by the Subsidiary Company and received by the Assessee, were as part of the regular business transactions - it could not have been treated as 'loan' or 'advances', so as to make the disputed amounts as “deemed dividend”, as defined under Section 2(22)(e). - HC en-us Tue, 23 Jan 2018 08:59:14 +0530 Tue, 23 Jan 2018 08:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37676 Deemed dividend u/s 2(22)(e) - payments effected by the Subsidiary Company and received by the Assessee, were as part of the regular business transactions - it could not have been treated as 'loan' or 'advances', so as to make the disputed amounts as “deemed dividend”, as defined under Section 2(22)(e). - HC Highlights Income Tax Tue, 23 Jan 2018 08:59:14 +0530 https://www.taxtmi.com/highlights?id=37676