https://www.taxtmi.com/caselaws?id=291144 The ITAT upheld the disallowance under section 2(22)(e) of the Act, emphasizing the financial implications of journal entries and the absence of evidence to refute the treatment of the entries as deemed dividends. The appeal of the assessee was dismissed, and the order was pronounced on 22nd November 2017. en-us Wed, 22 Nov 2017 00:00:00 +0530 Thu, 29 Oct 2020 18:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291144 The ITAT upheld the disallowance under section 2(22)(e) of the Act, emphasizing the financial implications of journal entries and the absence of evidence to refute the treatment of the entries as deemed dividends. The appeal of the assessee was dismissed, and the order was pronounced on 22nd November 2017. Case-Laws Income Tax Wed, 22 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291144