TMI BlogBusiness Advances Not Deemed Dividends u/s 2(22)(e) of Income Tax Act.Deemed Dividend u/s 2(22)(e) –If the amounts advanced are for business transactions between the parties, such payment would not fall within the deeming dividend under section 2(22)(e) - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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