Loan Treated as Deemed Dividend u/s 2(22)(e): ITAT Sets Aside CIT(A) Order
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) set aside the order passed by the Commissioner of Income Tax (Appeals)[CIT(A)], where a...
![Shareholding Prerequisite for Deemed Dividend status for making Addition u/s 2(22) (e) of Income Tax Act: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-tax-Income-tax-news-Deemed-Dividend-TAXSCAN.jpg "Shareholding Prerequisite for Deemed Dividend status for making Addition u/s 2(22) (e) of Income Tax Act: ITAT deletes Addition [Read Order]")
![Provisions of Deemed Dividend u/s 2(22)(e) of Income Tax Act can only be invoked against Shareholder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Deemed-Dividend-Provisions-Income-Tax-Act-Shareholder-ITAT-Income-Tax-TAXSCAN.jpg "Provisions of Deemed Dividend u/s 2(22)(e) of Income Tax Act can only be invoked against Shareholder: ITAT [Read Order]")
![ITAT directs Re-adjudication in respect of additions made towards deemed dividend u/s 2(22)(e) Income Tax Act received from Shareholder Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-Re-adjudication-additions-deemed-dividend-Income-Tax-Act-Shareholder-Company-TAXSCAN.jpg "ITAT directs Re-adjudication in respect of additions made towards deemed dividend u/s 2(22)(e) Income Tax Act received from Shareholder Company [Read Order]")
![Addition for Deemed Dividend u/s 2(22)(e) of Income Tax Act Can Only be Made in the Hands of Shareholder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Addition-Deemed-Dividend-Income-Tax-Act-Hands-of-Shareholder-ITAT-taxscan.jpg "Addition for Deemed Dividend u/s 2(22)(e) of Income Tax Act Can Only be Made in the Hands of Shareholder: ITAT [Read Order]")
Amounts Advanced for Business Transactions Between Parties Will not fall within the Definition of “Deemed Dividend”u/s 2(22)(e) of Income Tax Act: ITAT
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has recently held that the amount advanced for business transactions between parties would not fall within the definition of deemed dividend...
“Deemed Dividend” Not Applicable to Payment by Company on behalf of Shareholder for Purchase Property as a Stop Gap Arrangement subsequently Re-paid: ITAT [Read Order]
The Chennai Income Tax Appellate Tribunal ( ITAT ) has recently held that deemed dividend would not be applicable to payment by company on behalf of shareholder for purchase property as a stop gap...
![“Deemed Dividend” Not Applicable to Payment by Company on behalf of Shareholder for Purchase Property as a Stop Gap Arrangement subsequently Re-paid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Deemed-Dividend-Payment-Shareholder-Purchase-Property-Gap-Arrangement-Re-paid-ITAT-Income-Tax-Tax-Taxscan.jpg "“Deemed Dividend” Not Applicable to Payment by Company on behalf of Shareholder for Purchase Property as a Stop Gap Arrangement subsequently Re-paid: ITAT [Read Order]")
Advance given to Protect Business Interest of Assessee-Company does not Attract Provisions of Deemed Dividend u/s 2(22)(e): ITAT [Read Order]
The Delhi bench of Income Tax Appellate Authority (ITAT) recently held that advance given to protect business interest of assessee –company did not attract provisions of deemed dividend under section...
![Advance given to Protect Business Interest of Assessee-Company does not Attract Provisions of Deemed Dividend u/s 2(22)(e): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Advance-Protect-Business-Interest-of-Assessee-Company-Attract-Provisions-of-Deemed-Dividend-ITAT-Taxscan.jpg "Advance given to Protect Business Interest of Assessee-Company does not Attract Provisions of Deemed Dividend u/s 2(22)(e): ITAT [Read Order]")
![Profit Sharing as per MoU cannot be treated as “Deemed Dividend”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Profit-Sharing-MoU-Deemed-Dividend-ITAT-TAXSCAN.jpg "Profit Sharing as per MoU cannot be treated as “Deemed Dividend”: ITAT [Read Order]")
![Deemed Dividend Taxable in the hands of Individual Director, Not Firm: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Deemed-Dividend-Individual-Director-Orissa-High-Court-taxscan.jpg "Deemed Dividend Taxable in the hands of Individual Director, Not Firm: Orissa HC [Read Order]")
‘Security Premium Reserve’ cannot be Included in 'Accumulated Profit' for Computing Deemed Dividend: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), presided over by a Judicial Member Chandra Mohan Garg and and an Accountant Member Pradeep Kumar Khedla upheld the decision of the...
![‘Security Premium Reserve’ cannot be Included in Accumulated Profit for Computing Deemed Dividend: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Security-Premium-Reserve-Accumulated-Profit-Computing-Deemed-Dividend-ITAT-Taxscan.jpg "‘Security Premium Reserve’ cannot be Included in Accumulated Profit for Computing Deemed Dividend: ITAT [Read Order]")
Addition made for Premium on Redemption of Preference Shares as Deemed Dividend not sustainable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that addition made for premium on redemption of preference shares as deemed dividend not sustainable. The assessee, M/s. Information...
![Addition made for Premium on Redemption of Preference Shares as Deemed Dividend not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/premium-redemption-of-preference-shares-deemed-dividend-ITAT-taxscan.jpg "Addition made for Premium on Redemption of Preference Shares as Deemed Dividend not sustainable: ITAT [Read Order]")