In the absence of benefit to company advance from company taxable as deemed dividend

IN THE ITAT HYDERABAD BENCH ‘A’ Deputy Commissioner of Income-tax, Circle 1(3) Versus B. Dhanunjaya Rao IT APPEAL NOS. 443 TO 446 (HYD.) OF 2012 Co Nos. 98 to 101 (hyd.) of 2012 [ASSESSMENT YEARS 2002-03, 2003-04 AND 2006-07] DECEMBER 14, 2012  ORDER Saktijit Dey, Judicial Member These appeals by the Revenue and Cross-Objections by the assessees therein are directed against similar but separate orders of the Commissioner of Income-tax(Appeals)-II, Hyderabad. Since factual background as well as the issues involved in the present appeals by the Revenue and cross-obj...