Deemed dividend u/s 2(22)(e) - load & advanced to the ...
Loans as Share Application Money Can Be Taxed as Deemed Dividend u/s 2(22)(e), Taxable to Shareholders.
May 30, 2017
Case Laws Income Tax AT
Deemed dividend u/s 2(22)(e) - load & advanced to the shareholders in the guise of share application money to the another concern / company - the dividend income is taxable in the hands of shareholders and not in the hands of the concern. - AT
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