TMI BlogCourt Rules: Company Not Public Limited u/s 2(22)(e) Due to 38.31% Shareholding by Assessee.Deemed dividend u/s 2(22)(e) - the finding that the company was recipient company could not be held to be public limited company on the basis that the assessee had 38.31% shares cannot be accepted. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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