Deemed dividend - assessee (employee) entitled to both salary ...

Income Tax

February 24, 2012

Deemed dividend - assessee (employee) entitled to both salary and commission of profits - the advance of commission on profits over and above that amount drawn during the course of the year before the profits was determined and accrued to the petitioner, would be treated as deemed dividend subject to tax. - HC

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Deemed dividend - assessee (employee) entitled to both salary ...

Income Tax

February 24, 2012

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