https://www.taxtmi.com/caselaws?id=299206 The Tribunal allowed the Assessee's appeal, ruling that the loan received could not be deemed as dividend under Section 2(22)(e) of the Income Tax Act, 1961, as there was no shareholding connection between the parties. The Tribunal relied on legal precedents and case laws to support its decision, ultimately deleting the addition made by the Assessing Officer and upheld by the CIT(A). en-us Wed, 11 Dec 2019 00:00:00 +0530 Mon, 06 Dec 2021 20:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299206 The Tribunal allowed the Assessee's appeal, ruling that the loan received could not be deemed as dividend under Section 2(22)(e) of the Income Tax Act, 1961, as there was no shareholding connection between the parties. The Tribunal relied on legal precedents and case laws to support its decision, ultimately deleting the addition made by the Assessing Officer and upheld by the CIT(A). Case-Laws Income Tax Wed, 11 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299206