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Income Tax - Highlights / Catch Notes

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Deemed Dividend u/s 2(22)(e) –If the amounts advanced are for ...


Business Advances Not Deemed Dividends u/s 2(22)(e) of Income Tax Act.

October 19, 2013

Case Laws     Income Tax     HC

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

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