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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Deemed dividend u/s 2(22)(e) - By granting advance, if the ...

Income Tax

April 23, 2018

Deemed dividend u/s 2(22)(e) - By granting advance, if the business purpose of the company is served and which is not the sum, which it otherwise would have distributed as dividend, cannot be brought within the deeming provision of treating such advance as deemed dividend. - AT

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