Assessee's Claim of Land Purchase Payment Rejected, Amount Added as Deemed Dividend u/s 2(22)(e) of Income Tax Act.

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....Deemed dividend u/s 2(22)(e) - assessee has claimed that the amount received was not in the nature of loan/advance, but, towards purchase of land in the name of company, however, assessee has not produced even a single evidence to justify the aforesaid claim - Additions confirmed - AT....