https://www.taxtmi.com/caselaws?id=383669 The Tribunal allowed the appeals for Assessment Years 2014-15 and 2015-16, remanding the matter to the Assessing Officer for further examination of the business agreement and the nature of transactions to determine if they qualify as exempt from deemed dividend provisions under section 2(22)(e) of the Income Tax Act. The Tribunal emphasized the need for a thorough assessment of whether the transactions were conducted in the ordinary course of business. en-us Mon, 22 Jul 2019 00:00:00 +0530 Sat, 27 Jul 2019 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383669 The Tribunal allowed the appeals for Assessment Years 2014-15 and 2015-16, remanding the matter to the Assessing Officer for further examination of the business agreement and the nature of transactions to determine if they qualify as exempt from deemed dividend provisions under section 2(22)(e) of the Income Tax Act. The Tribunal emphasized the need for a thorough assessment of whether the transactions were conducted in the ordinary course of business. Case-Laws Income Tax Mon, 22 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383669