https://www.taxtmi.com/caselaws?id=400949 The Tribunal quashed the reassessment proceedings under Section 147 as void ab initio due to procedural errors and lack of proper approval under Section 151. Consequently, the addition of Rs. 1,80,60,000 as deemed dividend under Section 2(22)(e) was held to be invalid. The appeal of the assessee was allowed. en-us Fri, 20 Nov 2020 00:00:00 +0530 Mon, 23 Nov 2020 14:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400949 The Tribunal quashed the reassessment proceedings under Section 147 as void ab initio due to procedural errors and lack of proper approval under Section 151. Consequently, the addition of Rs. 1,80,60,000 as deemed dividend under Section 2(22)(e) was held to be invalid. The appeal of the assessee was allowed. Case-Laws Income Tax Fri, 20 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400949