https://www.taxtmi.com/highlights?id=73082 Deemed dividend u/s 2(22)(e) - two shareholders of the assessee company having 70% and 30% of shares respectively are registered shareholders of the lending companies - the assessee-company neither registered shareholder nor beneficial shareholder in its group concerns, wherein the unsecured loans or deposits was availed by assessee. - CIT(A) rightly deleted the additions - AT en-us Sat, 18 Nov 2023 13:53:52 +0530 Sat, 18 Nov 2023 13:53:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73082 Deemed dividend u/s 2(22)(e) - two shareholders of the assessee company having 70% and 30% of shares respectively are registered shareholders of the lending companies - the assessee-company neither registered shareholder nor beneficial shareholder in its group concerns, wherein the unsecured loans or deposits was availed by assessee. - CIT(A) rightly deleted the additions - AT Highlights Income Tax Sat, 18 Nov 2023 13:53:52 +0530 https://www.taxtmi.com/highlights?id=73082