https://www.taxtmi.com/caselaws?id=438371 The Tribunal dismissed the Revenue's appeal on 26th May, 2023 at Ahmedabad. The additions made under section 2(22)(e) of the Income Tax Act were deleted by the ld.CIT(A) as the loans and advances received by the assessee-company were not deemed dividends. The matter was sent back to the ld.CIT(A) pending a Supreme Court judgment. Additionally, the deletion of the addition under section 43B was upheld as the service tax collected was deposited before the due date of filing the return and already offered for taxation in a subsequent assessment year. en-us Fri, 26 May 2023 00:00:00 +0530 Mon, 29 May 2023 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438371 The Tribunal dismissed the Revenue's appeal on 26th May, 2023 at Ahmedabad. The additions made under section 2(22)(e) of the Income Tax Act were deleted by the ld.CIT(A) as the loans and advances received by the assessee-company were not deemed dividends. The matter was sent back to the ld.CIT(A) pending a Supreme Court judgment. Additionally, the deletion of the addition under section 43B was upheld as the service tax collected was deposited before the due date of filing the return and already offered for taxation in a subsequent assessment year. Case-Laws Income Tax Fri, 26 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438371