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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Deemed dividend u/s 2(22)(e) - trade advance - assessee are in ...


Trade Advances in Ordinary Business Not Deemed Dividends u/s 2(22)(e) of Income Tax Act.

March 27, 2019

Case Laws     Income Tax     AT

Deemed dividend u/s 2(22)(e) - trade advance - assessee are in regular course of the business of purchase and sales of the shares/currency/derivatives/commodities - trading transactions are beyond the ambit of deemed dividend

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