Sum received as security for providing corporate guarantee couldn’t be treated as deemed dividend

INCOME TAX : Where assessee received certain amount from subsidiary company as advance towards security for providing corporate guarantee, it could not be brought to tax as deemed dividend under section 2(22)(e)

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000195272/sum-received-as-security-for-providing-corporate-guarantee-couldn’t-be-treated-as-deemed-dividend.aspx