https://www.taxtmi.com/caselaws?id=365374 The Tribunal rectified the order, restricting the deemed dividend addition to the amount of accumulated profits, granting relief to the appellant. The decision was based on the connection between the loan and the advance, ensuring proper application of section 2(22)(e) of the Income Tax Act, 1961. en-us Fri, 10 Aug 2018 00:00:00 +0530 Thu, 16 Aug 2018 07:52:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365374 The Tribunal rectified the order, restricting the deemed dividend addition to the amount of accumulated profits, granting relief to the appellant. The decision was based on the connection between the loan and the advance, ensuring proper application of section 2(22)(e) of the Income Tax Act, 1961. Case-Laws Income Tax Fri, 10 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365374