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    <description>The appeal filed by the Assessee was allowed, resulting in the deletion of the addition of Rs. 83,00,000 as deemed dividend under Section 2(22)(e) of the Income Tax Act. The Revenue&#039;s appeal was dismissed due to low tax effect as per CBDT Circular No. 17 of 2019. The Tribunal&#039;s order was pronounced on 16-01-2020.</description>
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