Gratuitous Loan by Company to Shareholders in Return to an advantage cannot be treated as Deemed Dividend: ITAT deletes Addition u/s 2(22)(e)
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) presided by Mr. Anil Chaturvedi, Accountant Member, and Ms. Astha Chandra, Judicial Member...
![Transfer of Amount for Business purposes to avoid Forfeiture is not Loans and Advances: ITAT deletes Addition for Deemed Dividend [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Amount-for-business-avoid-forfeiture-loans-and-advances-ITAT-Deemed-Dividend-taxscan.jpg "Transfer of Amount for Business purposes to avoid Forfeiture is not Loans and Advances: ITAT deletes Addition for Deemed Dividend [Read Order]")
![Deemed Dividend u/s 2(22)(e) applicable only to Persons who are recipient of Loan and Shareholder of the Payer Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Deemed-Dividend-Persons-Loan-Shareholder-Payer-Company-ITAT-taxscan.jpg "Deemed Dividend u/s 2(22)(e) applicable only to Persons who are recipient of Loan and Shareholder of the Payer Company: ITAT [Read Order]")
![ITAT deletes Addition of Deemed Dividend in the Absence of Proof to establish Payment to Shareholder of Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Deemed-Dividend-Proof-Payment-shareholder-company-taxscan.jpg "ITAT deletes Addition of Deemed Dividend in the Absence of Proof to establish Payment to Shareholder of Company [Read Order]")
![Deemed Dividend u/s 2(22)(e) not applicable on Non-Shareholders: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Deemed-dividend-applicable-Non-Shareholders-ITAT-Taxscan.jpg "Deemed Dividend u/s 2(22)(e) not applicable on Non-Shareholders: ITAT [Read Order]")
![Amount advanced for Business Transactions cannot treated as Deemed Dividend: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Amount-business-transactions-Deemed-Dividend-ITAT-taxscan.jpg "Amount advanced for Business Transactions cannot treated as Deemed Dividend: ITAT [Read Order]")
Provisions of Deemed Dividend does not attract If Loans & Advances in Normal Business benefits both Payer and Payee: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Rajkot bench consisting of Waseem Ahmed, Accountant Member and T. R. Senthil Kumar, Judicial Member held that loans and advances given in normal course of...
![Provisions of Deemed Dividend does not attract If Loans & Advances in Normal Business benefits both Payer and Payee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Deemed-Dividend-Normal-Business-Payer-Payee-ITAT-taxscan.jpeg "Provisions of Deemed Dividend does not attract If Loans & Advances in Normal Business benefits both Payer and Payee: ITAT [Read Order]")
Provisions of 'Deemed Dividend' would attract all the Profits up to the date of Payment Irrespective of AY: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal has held that provisions of 'Deemed Dividend' would attract all the profits up to the date of payment irrespective of assessment year. The...
![Provisions of Deemed Dividend would attract all the Profits up to the date of Payment Irrespective of AY: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Deemed-Dividend-Profits-Payment-AY-ITAT-taxscan.jpg "Provisions of Deemed Dividend would attract all the Profits up to the date of Payment Irrespective of AY: ITAT [Read Order]")
Provisions of ‘Deemed Dividend’ would not attract Loans and Advances out of Commercial Consideration and Business Expediency: ITAT [Read Order]
The income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the provisions of deemed dividend under section 2(22)(e) of the Income Tax Act, 1961 would not be applicable to loans and advances...
![Provisions of ‘Deemed Dividend’ would not attract Loans and Advances out of Commercial Consideration and Business Expediency: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Provisions-Deemed-Dividend-Loans-Advances-Commercial-Consideration-Business-Expediency-ITAT-Taxscan.jpg "Provisions of ‘Deemed Dividend’ would not attract Loans and Advances out of Commercial Consideration and Business Expediency: ITAT [Read Order]")
![No TDS deductible as Inter-Corporate Deposit not a Deemed Dividend: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/TDS-TDS-deductible-Inter-Corporate-deposit-deemed-dividend-ITAT-Techxmedia.jpg "No TDS deductible as Inter-Corporate Deposit not a Deemed Dividend: ITAT [Read Order]")
Amount given for Purchasing Shareholding cannot be treated as ‘Deemed Dividend’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the amount given for the purchase of shareholding cannot be treated as a deemed dividend for the purpose of section 2(22)(e) of the...
![Amount given for Purchasing Shareholding cannot be treated as ‘Deemed Dividend’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Amount-Purchasing-Shareholding-Deemed-Dividend-ITAT-Deemed-Dividend-Taxscan.jpg "Amount given for Purchasing Shareholding cannot be treated as ‘Deemed Dividend’: ITAT [Read Order]")
Inter-Corporate Deposits are Advance / Loans, attracts Deemed Dividend Provisions: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the inter-corporate deposits, being in the nature of deposits/loans shall attract the provisions of deemed dividend under...
![Inter-Corporate Deposits are Advance / Loans, attracts Deemed Dividend Provisions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Deemed-Dividend-Provisions-Taxscan.jpg "Inter-Corporate Deposits are Advance / Loans, attracts Deemed Dividend Provisions: ITAT [Read Order]")