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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Deemed dividend u/s 2(22)(e) - a person who is shareholder in ...

Income Tax

March 24, 2015

Deemed dividend u/s 2(22)(e) - a person who is shareholder in the company is partner in the firm - it could not be legitimately held that amount retained by the firm was for the assessee’s benefit - no addition - HC

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