Deemed dividend - Lending of money - loans and advances - The ...

Court Rules Loan Not Deemed Dividend Due to Profit Motive and Commercial Necessity.

December 13, 2011

Case Laws Income Tax AT

Deemed dividend - Lending of money - loans and advances - The entire events, to put it in a nut-shell, make explicitly clear that the intention of the assessee was to earn profits from the above venture and basically on a commercial exigency - no deemed dividend.... - AT

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Deemed dividend - Lending of money - loans and advances - The ...

Court Rules Loan Not Deemed Dividend Due to Profit Motive and Commercial Necessity.

December 13, 2011

Case Laws Income Tax AT

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