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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Deemed dividend - simply because there were transactions of ...

Income Tax

May 13, 2016

Deemed dividend - simply because there were transactions of cheques received and cheques paid in the mutual, open, current, running account with the sister concerns, the same cannot be considered as payment by way of loans or advances so as to attract provisions of section 2(22)(e) - AT

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