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

Advance on Commission Considered Deemed Dividend, Subject to Tax for Employee with Salary and Profit Commission.

February 24, 2012

Case Laws Income Tax HC

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 ...

Advance on Commission Considered Deemed Dividend, Subject to Tax for Employee with Salary and Profit Commission.

February 24, 2012

Case Laws Income Tax HC

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