https://www.taxtmi.com/highlights?id=54758 Addition on account of deemed dividend u/s 2(22)(e) - Admittedly, the assessee company is registered with stock exchange and fulfill all the conditions of Section 2(18) which is definition of “company in which public is substantially interested.” - AO has also failed to substantiate as to how the amount in question is in the shape of a loan/advance received by the assessee company. - Additions deleted - AT en-us Mon, 14 Sep 2020 09:45:20 +0530 Mon, 14 Sep 2020 09:45:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54758 Addition on account of deemed dividend u/s 2(22)(e) - Admittedly, the assessee company is registered with stock exchange and fulfill all the conditions of Section 2(18) which is definition of “company in which public is substantially interested.” - AO has also failed to substantiate as to how the amount in question is in the shape of a loan/advance received by the assessee company. - Additions deleted - AT Highlights Income Tax Mon, 14 Sep 2020 09:45:20 +0530 https://www.taxtmi.com/highlights?id=54758