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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Deemed dividend u/s 2(22)(e) - The company had advanced money to ...

Income Tax

May 6, 2017

Deemed dividend u/s 2(22)(e) - The company had advanced money to clear the loan outstanding in the name of the assessee, so as to pledge the properties for loans availed - It is not a gratuitous payment which attracts deeming provision of section 2(22)(e) - AT

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