Sponsored
    Follow Us:

Case Law Details

Case Name : Sri Ajay Kumar Khatore Vs DCIT (ITAT Ranchi)
Related Assessment Year : 2012-2013
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Sri Ajay Kumar Khatore Vs DCIT (ITAT Ranchi)

M/s K E Pvt. Ltd. had opening balance with the assessee and the total reserve of the company was less than the amount of advance given. The fresh loan by account payee cheque was for the purposes of business. On perusal CBDT Circular and considering the facts and circumstances of the case, the entire issue of applicability of  deemed dividend within the meaning of section 2(22)(e) was remitted to the file of AO, who shall verify the issue afresh after considering the above CBDT Circular placed by assessee.Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31