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Income Tax - Highlights / Catch Notes

Home Highlights October 2021 Year 2021 This

Deemed dividend u/s 2(22)(e) - In the present case, the entire ...

Case Laws     Income Tax

October 22, 2021

Deemed dividend u/s 2(22)(e) - In the present case, the entire amount in question was taken by the assessee-company on interest and since the interest on the said loan was duly paid by the assessee-company after deducting tax at source, we find no infirmity in the impugned orders of the Ld. CIT(A) in deleting the addition made by the AO treating the said amount as deemed dividend under section 2(22)(e) - AT

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