https://www.taxtmi.com/caselaws?id=431184 The Tribunal allowed the Assessee's appeal partly, holding the reassessment as null and void and deleting the addition made under Section 2(22)(e) of the Income Tax Act. Consequently, the issue of reopening the assessment was not adjudicated. The Tribunal ruled that the Assessee, not being a shareholder of the company, could not be taxed under the deemed dividend provisions. The order was pronounced on 22nd July 2022 in Chennai. en-us Fri, 22 Jul 2022 00:00:00 +0530 Wed, 07 Dec 2022 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431184 The Tribunal allowed the Assessee's appeal partly, holding the reassessment as null and void and deleting the addition made under Section 2(22)(e) of the Income Tax Act. Consequently, the issue of reopening the assessment was not adjudicated. The Tribunal ruled that the Assessee, not being a shareholder of the company, could not be taxed under the deemed dividend provisions. The order was pronounced on 22nd July 2022 in Chennai. Case-Laws Income Tax Fri, 22 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431184