![Deemed Dividend Provisions not applicable to Current Account Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Deemed Dividend Provisions not applicable to Current Account Transactions: ITAT [Read Order]")
Deemed Dividend Provisions not applicable to Current Account Transactions: ITAT [Read Order]
In Rajesh Pagaria vs. ITO., the Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) held that the provisions of deemed dividend under Section...
![Current Account Transactions would not attract Deemed Dividend: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Current-Account-Transactions-Taxscan.jpg "Current Account Transactions would not attract Deemed Dividend: ITAT [Read Order]")
![Deemed Dividend is different from ‘Dividends’: Kerala HC denies Exemption as No Additional Income Tax was paid [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Deemed-Dividend-Kerala-High-Court-Taxscan.jpg "Deemed Dividend is different from ‘Dividends’: Kerala HC denies Exemption as No Additional Income Tax was paid [Read Judgment]")
Provisions of Deemed Dividend applicable only to extent of ‘Accumulated Profits’ and not to Capital Subsidy/Grant: ITAT [Read Order]
In Vinod Kumar Mittal v. Income Tax Officer (ITO), the Jaipur bench of the Income Tax Appellate Tribunal (ITA) recently held that the provisions of deemed dividend under section 2(22)(e) of the Income...
ITAT reiterates that Deemed Dividend is assessable from Partners, Not from Firm since they are the Beneficial Shareholders of the Lender Co. [Read Order]
The Cochin bench of ITAT in the case of M/s.Kerala Transport Co. Vs. The Asst.Commissioner of Income-tax recently ruled that deemed dividend is assessable from Partners, not from the Firm since they...
![ITAT reiterates that Deemed Dividend is assessable from Partners, Not from Firm since they are the Beneficial Shareholders of the Lender Co. [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/KTC-Group.jpg "ITAT reiterates that Deemed Dividend is assessable from Partners, Not from Firm since they are the Beneficial Shareholders of the Lender Co. [Read Order]")
![Supreme Court refers Ankitech Ruling on ‘Deemed Dividend’ to Larger bench [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Supreme Court refers Ankitech Ruling on ‘Deemed Dividend’ to Larger bench [Read Judgment]")
Amount received by Malayala Manorama from its Subsidiary Co.was part of Regular Business Transactions, Not Deemed Dividend: Kerala HC [Read Judgment]
In the case of The Commissioner of Income Tax and M/s Malayala Manorama Co. Ltd, Kerala High Court recently held that amount received from its subsidiary company cannot be treated as deemed dividend...
![Amount received by Malayala Manorama from its Subsidiary Co.was part of Regular Business Transactions, Not Deemed Dividend: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/Malayala-Manorama-Taxscan.jpg "Amount received by Malayala Manorama from its Subsidiary Co.was part of Regular Business Transactions, Not Deemed Dividend: Kerala HC [Read Judgment]")
Loan from Closely held Company to pay Salary is ‘Commercial Transaction’ for the purpose of ‘Deemed Dividend’: ITAT [Read Order]
The Hyderabad bench of ITAT recently declared that any loan taken from the closely held company to discharge the payment of salary is ‘commercial transaction’ for the purpose of ‘Deemed Dividend’...
![Loan from Closely held Company to pay Salary is ‘Commercial Transaction’ for the purpose of ‘Deemed Dividend’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Commercial-Transaction-Loan-Taxscan.jpg "Loan from Closely held Company to pay Salary is ‘Commercial Transaction’ for the purpose of ‘Deemed Dividend’: ITAT [Read Order]")
Amount given as Security for Purchase of Flat cannot be treated as ‘Deemed Dividend’: ITAT [Read Order]
In the case of DCIT vs. Smt. Sriram Satyavathi, Visakhapatnam bench of Income Tax Appellate Tribunal (ITA) recently held that amount given as security for purchase of flat cannot be treated as ‘deemed...
![Amount given as Security for Purchase of Flat cannot be treated as ‘Deemed Dividend’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Transfer-of-Possession-of-Flats-Taxscan.jpg "Amount given as Security for Purchase of Flat cannot be treated as ‘Deemed Dividend’: ITAT [Read Order]")
Mere Issuance of a Cheque that was Subsequently Cancelled and Returned would not constitute ‘Payment of Sum’ attracting ‘Deemed Dividend’: Allahabad HC [Read Order]
A division bench of the Allahabad High Court recently ruled that the provisions of deemed dividend would not attract in case of mere issuance of a cheque that was subsequently cancelled and returned....
![Mere Issuance of a Cheque that was Subsequently Cancelled and Returned would not constitute ‘Payment of Sum’ attracting ‘Deemed Dividend’: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Cheque-Taxscan.jpg "Mere Issuance of a Cheque that was Subsequently Cancelled and Returned would not constitute ‘Payment of Sum’ attracting ‘Deemed Dividend’: Allahabad HC [Read Order]")