https://www.taxtmi.com/caselaws?id=466577 Whether distributions characterised as deemed dividends under Section 2(22)(e) can be taxed in hands other than the registered or beneficial shareholder was examined; authoritative precedent construes fiscal incidence to attach to the registered or beneficial shareholder, requiring any addition under that provision to be made in their hands. The legal basis rests on statutory text and controlling decisions that confine taxability to the person who holds legal or beneficial title, and the conclusion disfavors revenue treatment that seeks to tax others. en-us Wed, 01 May 2024 00:00:00 +0530 Thu, 12 Feb 2026 19:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466577 Whether distributions characterised as deemed dividends under Section 2(22)(e) can be taxed in hands other than the registered or beneficial shareholder was examined; authoritative precedent construes fiscal incidence to attach to the registered or beneficial shareholder, requiring any addition under that provision to be made in their hands. The legal basis rests on statutory text and controlling decisions that confine taxability to the person who holds legal or beneficial title, and the conclusion disfavors revenue treatment that seeks to tax others. Case-Laws Income Tax Wed, 01 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466577