The word ‘advance’ which appears in the company of the word ‘loan’ could only mean such advance which carries with it an obligation of repayment and that the trade advances which are in the nature of money transacted to give effect to a commercial transaction would not fall within the ambit of the provision u/s 2(22) (e) of the Act. The amounts under the disputed heads were being received by the Assessee from its subsidiary only as part of regular business transactions, which was being accounted properly. Payments effected by the subsidiary and received by the Assessee, were as part of the regular business transactions and could not have been treated as ‘loan’ or ‘advances’ u/s 2(22) (e) of the Act. (AY. 1995-96 to 1997-98)