https://www.taxtmi.com/highlights?id=64473 Deemed dividend addition u/s 2(22)(e) - substantial shareholding in the company - As submitted assessee has advanced the money on interest to the company and there is a running current account between the company and the assessee - The assessee is making Loan transactions with the company in regular/ ordinary course of business, therefore the provisions of Sec. 2(22)(e) of the Act cannot be applied. - AT en-us Thu, 07 Jul 2022 10:35:12 +0530 Thu, 07 Jul 2022 10:35:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64473 Deemed dividend addition u/s 2(22)(e) - substantial shareholding in the company - As submitted assessee has advanced the money on interest to the company and there is a running current account between the company and the assessee - The assessee is making Loan transactions with the company in regular/ ordinary course of business, therefore the provisions of Sec. 2(22)(e) of the Act cannot be applied. - AT Highlights Income Tax Thu, 07 Jul 2022 10:35:12 +0530 https://www.taxtmi.com/highlights?id=64473