TMI BlogAny distribution of Assets [Sec. 2(22)(a)]X X X X Extracts X X X X X X X X Extracts X X X X ..... on of assets by a company to its shareholders to the extent the company possesses accumulated profits, whether capitalized or not. Note:- When assets are distributed under section 2(22) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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