Court Rules Trading Advances Aren't Deemed Dividends u/s 2(22)(e) in Sister Concern Transactions.

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....Deemed dividend addition u/s.2(22)(e) - advances given to sister concern without interest - Transactions were purely out of trading transactions between the two concerns the assessee and the sister concern are entered into in the ordinary business operations and therefore does not fall within the ambit of section 2(22)(e)....