NATIONAL TRAVEL SERVICES vs. COMMISSIONER OF INCOME TAX DELHI VIII

Bench: HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN

gain-saying the fact that the H.U.F. was not the shareholder of the company. Mr. Sen did not contend otherwise. 9. Section 2 (6A)(e) gives an artificial definition of “dividend”. It does not take in dividend actually declared or received. The dividend taken note of by that provision is a deemed dividend and not a real dividend. The loan