Assessee's use of company funds for personal gain leads to confirmed additions u/s 2(22)(e) as deemed dividends. https://www.taxtmi.com/highlights?id=41159 Deemed dividend u/s 2(22)(e) - All indications were that the assessee used money for its own purposes as it did by advancing substantial amounts enjoying the profits of the company. - Additions confirmed. en-us Sat, 01 Sep 2018 08:08:00 +0530 Sat, 01 Sep 2018 08:08:00 +0530 TaxTMI RSS Generator Assessee's use of company funds for personal gain leads to confirmed additions u/s 2(22)(e) as deemed dividends. https://www.taxtmi.com/highlights?id=41159 Deemed dividend u/s 2(22)(e) - All indications were that the assessee used money for its own purposes as it did by advancing substantial amounts enjoying the profits of the company. - Additions confirmed. Highlights Income Tax Sat, 01 Sep 2018 08:08:00 +0530 https://www.taxtmi.com/highlights?id=41159