Loan from Subsidiary Not a Deemed Dividend u/s 2(22)(e) of Income Tax Act for Public Company.

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....Addition of deemed dividend u/s 2(22)(e) - the assessee being a Public Ltd. Company has taken loan from a subsidiary which is also a public Ltd. - there is no dispute that the provisions of section 2(22)(e) will not attract to the present case of the assessee - AT....