Deemed dividend u/s 2(22)(e) - security deposits received for ...

Court Rules Security Deposits Not Deemed Dividends u/s 2(22)(e) of Income Tax Act for Land Leasing.

July 13, 2019

Case Laws Income Tax AT

Deemed dividend u/s 2(22)(e) - security deposits received for lease of land - rent of land offer in return was accepted by department - assessee have established that the payments received by them as security deposits were paid by the company in the course of its business, hence, the deeming fiction of deemed dividend to section 2(22)(e) is not applicable

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Deemed dividend u/s 2(22)(e) - security deposits received for ...

Court Rules Security Deposits Not Deemed Dividends u/s 2(22)(e) of Income Tax Act for Land Leasing.

July 13, 2019

Case Laws Income Tax AT

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