https://www.taxtmi.com/caselaws?id=424722 The Tribunal allowed the appeal, overturning the CIT(A)'s decision and directing the Assessing Officer to delete the addition made under Section 2(22)(e) of the IT Act. The Tribunal found in favor of the appellant, ruling that the transactions in question were part of their regular business dealings with the company and did not qualify as deemed dividends under the provisions of Section 2(22)(e). en-us Tue, 05 Jul 2022 00:00:00 +0530 Thu, 07 Jul 2022 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424722 The Tribunal allowed the appeal, overturning the CIT(A)'s decision and directing the Assessing Officer to delete the addition made under Section 2(22)(e) of the IT Act. The Tribunal found in favor of the appellant, ruling that the transactions in question were part of their regular business dealings with the company and did not qualify as deemed dividends under the provisions of Section 2(22)(e). Case-Laws Income Tax Tue, 05 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424722