https://www.taxtmi.com/caselaws?id=779498 ITAT (Del) held that the impugned sum constituted inter-corporate deposits bearing interest and did not attract deeming under section 2(22)(e). Relying on the CBDT circular and higher court precedent, the tribunal found the assessee's characterization unrebutted by the AO or lower authorities, rejected the Revenue's addition, deleted the impugned assessment, and allowed the assessee's appeal. en-us Fri, 25 Apr 2025 00:00:00 +0530 Tue, 14 Oct 2025 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779498 ITAT (Del) held that the impugned sum constituted inter-corporate deposits bearing interest and did not attract deeming under section 2(22)(e). Relying on the CBDT circular and higher court precedent, the tribunal found the assessee's characterization unrebutted by the AO or lower authorities, rejected the Revenue's addition, deleted the impugned assessment, and allowed the assessee's appeal. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779498