Judgement

The ITAT held that CIT(A) should have allowed withdrawal of Appeal after AO deleted entire deemed dividend addition under Section 154.


ITAT Allows Appeal After Section 2(22)(e) Addition of Rs.22.71 Crore Was Deleted in Rectification

Articles

Learn the complete tax treatment of deemed dividend under Section 2(22) of the Income Tax Act, 1961, including loans, buybacks, asset distributions, liquidation, and practical examples.

Received Dividend, Loan, or Buyback Proceeds? Decode Deemed Dividend Under Section 2(22) with Practical Examples

Tribunal follows Bombay High Court ruling in connected shareholder buyback cases involving same company.

ITAT Mumbai Treats Share Buyback Receipts as Exempt Deemed Dividend.

ITAT Mumbai Treats Share Buyback Receipts as Exempt Deemed Dividend

ITAT Ahmedabad quashed Rs 1.95 crore deemed dividend addition, ruling that temporary bank-adjustment transfers cannot be taxed under Section 2(22)(e).

ITAT Deletes Rs. 1.95 Crore Deemed Dividend Addition in Limited Scrutiny Case

Short-term fund transfer between group companies held outside Section 2(22)(e); loan not taxable as deemed dividend in recipient company’s hands.

ITAT: Loan Between Sister Companies Not Deemed Dividend Under Section 2(22)(e)

ITAT Ahmedabad remands the Rs. 56 lakh deemed dividend case to the tax authorities for fresh verification of the loan repayment documents.

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ITAT Allows Appeal After Section 2(22)(e) Addition of Rs.22.71 Crore Was Deleted in Rectification

Received Dividend, Loan, or Buyback Proceeds? Decode Deemed Dividend Under Section 2(22) with Practical Examples

ITAT Mumbai Treats Share Buyback Receipts as Exempt Deemed Dividend

ITAT Deletes Rs. 1.95 Crore Deemed Dividend Addition in Limited Scrutiny Case

ITAT: Loan Between Sister Companies Not Deemed Dividend Under Section 2(22)(e)

Loan or Deemed Dividend? ITAT Sends Back Rs. 56 Lakh Deemed Dividend Case for Fresh Review