https://www.taxtmi.com/highlights?id=43208 Deemed dividend addition u/s 2(22)(e) - a narrow definition to the word ‘’individual benefit’’ cannot be given. The benefit will include direct or indirect things. Partner whose friend’s wife received the advance had indirectly benefited from the advance received by the assessee from the company - Partial relief given by CIT(A) is not justified - Additions confirmed. en-us Mon, 10 Dec 2018 09:41:55 +0530 Mon, 10 Dec 2018 09:41:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=43208 Deemed dividend addition u/s 2(22)(e) - a narrow definition to the word ‘’individual benefit’’ cannot be given. The benefit will include direct or indirect things. Partner whose friend’s wife received the advance had indirectly benefited from the advance received by the assessee from the company - Partial relief given by CIT(A) is not justified - Additions confirmed. Highlights Income Tax Mon, 10 Dec 2018 09:41:55 +0530 https://www.taxtmi.com/highlights?id=43208