https://www.taxtmi.com/highlights?id=57706 Deemed dividend u/s 2(22)(e) - Since the assessee is having substantial interest in M/s Kalanikethan Textiles and Jewels Pvt. Ltd., i.e. more than 10% shareholding, the amount withdrawn from the above company over and above his credit balance, is treated as deemed dividend u/s 2(22)(e) of the Act in the hands of the assessee - AT en-us Fri, 23 Apr 2021 22:26:02 +0530 Fri, 23 Apr 2021 22:26:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57706 Deemed dividend u/s 2(22)(e) - Since the assessee is having substantial interest in M/s Kalanikethan Textiles and Jewels Pvt. Ltd., i.e. more than 10% shareholding, the amount withdrawn from the above company over and above his credit balance, is treated as deemed dividend u/s 2(22)(e) of the Act in the hands of the assessee - AT Highlights Income Tax Fri, 23 Apr 2021 22:26:02 +0530 https://www.taxtmi.com/highlights?id=57706