Deemed dividend u/s 2(22)(e) - assessee was holding more than ...
Case Laws Income Tax
October 5, 2018
Deemed dividend u/s 2(22)(e) - assessee was holding more than 10% shareholding in M/s MLPL (the lender company) and also having a substantial interest in M/s OFPL (the borrowing company) - ITAT divided the deemed dividend proportionally - order of ITAT confirmed.
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