![No Deemed Dividend without doubting Purpose and Genuineness of Business Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Business-Transaction-deemed-dividend-ITAT-Taxscan.jpg "No Deemed Dividend without doubting Purpose and Genuineness of Business Transaction: ITAT [Read Order]")
No Deemed Dividend without doubting Purpose and Genuineness of Business Transaction: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) while deleting the addition ruled that the business transaction can not be treated as deemed...
![Provisions relating to Deemed Dividend can’t be invoked since Advances were given to Shareholder for Business Purpose: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Deemed-Dividend-ITAT-Taxscan.jpg "Provisions relating to Deemed Dividend can’t be invoked since Advances were given to Shareholder for Business Purpose: ITAT [Read Order]")
![‘Deemed Dividend’ provisions won’t attract for Re-Imbursement of Business Expenses of Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/08/Deemed-Dividend-Taxscan.jpg "‘Deemed Dividend’ provisions won’t attract for Re-Imbursement of Business Expenses of Company: ITAT [Read Order]")
Rent paid as Ordinary Business Transaction can’t be treated as Deemed Dividend: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the payment of rent as an ordinary business transaction cannot be treated as deemed dividend under the provisions...
![Rent paid as Ordinary Business Transaction can’t be treated as Deemed Dividend: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Rent paid as Ordinary Business Transaction can’t be treated as Deemed Dividend: ITAT [Read Order]")
Deemed Dividend can’t be attributed as Assessee have Regular Business Connection with Company and Transactions constitute ‘Trade Advances’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has held that the provisions of deemed dividend cannot be applied when the assessee has a regular business connection with the Company and the...
Inter Banking Accounts Transactions between Group Companies can’t be treated as ‘ Deemed Dividend ’: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) decided that since the transaction carried between two group companies were carried as inter-banking accounts transaction then the amount...
![Inter Banking Accounts Transactions between Group Companies can’t be treated as ‘ Deemed Dividend ’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Deemed-Dividend-Taxscan.jpg "Inter Banking Accounts Transactions between Group Companies can’t be treated as ‘ Deemed Dividend ’: ITAT [Read Order]")
Provisions of Deemed Dividend Applicable only to Extent of Accumulated Profits available at the beginning of the relevant FY: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the provisions relating to deemed dividend under section 2(22)(e) of the Income Tax Act is applicable only to the extent...
Deemed Dividend can’t be assessable in the hands of Director when AO accepted Company’s Return without any Objection: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi bench held that the director cannot be assessed for the deemed dividend when the Assessing Officer had accepted the Company’s return without any...