https://www.taxtmi.com/highlights?id=61238 Deemed dividend addition u/s.2(22)(e) - assessee has not been able to demonstrate through any cogent or credible evidence that this transaction that he had with the M/s. Hextech Engineering Pvt. Ltd. was commercial in nature. Therefore, the Assessing Officer rightly taxed the same as deemed dividend to the extent of accumulated profit in the hands of the assessee. - AT en-us Sat, 01 Jan 2022 16:29:19 +0530 Sat, 01 Jan 2022 16:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61238 Deemed dividend addition u/s.2(22)(e) - assessee has not been able to demonstrate through any cogent or credible evidence that this transaction that he had with the M/s. Hextech Engineering Pvt. Ltd. was commercial in nature. Therefore, the Assessing Officer rightly taxed the same as deemed dividend to the extent of accumulated profit in the hands of the assessee. - AT Highlights Income Tax Sat, 01 Jan 2022 16:29:19 +0530 https://www.taxtmi.com/highlights?id=61238