{"id":10661,"date":"2020-03-22T06:32:49","date_gmt":"2020-03-22T06:32:49","guid":{"rendered":"http:\/\/itatonline.org\/digest\/lalitkumar-kesarimal-jain-v-dcit-2020-77-itr-394-180-itd-832-punetrib\/"},"modified":"2021-06-21T07:40:43","modified_gmt":"2021-06-21T02:10:43","slug":"lalitkumar-kesarimal-jain-v-dcit-2020-77-itr-394-180-itd-832-punetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/lalitkumar-kesarimal-jain-v-dcit-2020-77-itr-394-180-itd-832-punetrib\/","title":{"rendered":"Lalitkumar Kesarimal Jain v. DCIT (2020) 77 ITR 394 \/ 180 ITD 832 \/ 190 DTR 424\/ 205 TTJ 753  (Pune)(Trib.) Kruti Lalit Kumar Jain  v. DCIT  (2020)  77 ITR  394\/ 180 ITD 832\/ 190 DTR 424\/ 205 TTJ 753    (Pune)    (Trib.)  Pranay Lalit Kumar Jain v. DCIT  (2020)  77 ITR  394\/ 180 ITD 832 \/ 190 DTR 424\/ 205 TTJ 753   (Pune)    (Trib.)"},"content":{"rendered":"<p>AO held that proprietary concern of assessee had received a loan from Kumar urban development corporation Ltd.\u00a0 in which assessee was having substantial interest hence added as deemed dividend. Tribunal held that in balance sheet of Kumar urban development corporation Ltd.\u00a0 amount was not shown as loan to assessee. Accordingly when no loan or advance had been given to assessee, then section 2(22)(e) could not be triggered. Accordingly the\u00a0 addition was deleted. (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 2(22)(e) : Deemed dividend-In balance sheet of &#8216;K&#8217; Ltd, amount in question was not shown as loan to assessee-addition is deleted.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10661","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2LX","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=10661"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10661\/revisions"}],"predecessor-version":[{"id":19553,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10661\/revisions\/19553"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}