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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Deemed dividend – amount advanced to assessee who holds 10% of ...

Income Tax

August 30, 2012

Deemed dividend – amount advanced to assessee who holds 10% of voting rights – Even though the loan was repaid within a short period the factum of the loan being granted cannot be denied. - taxable u/s 2(22)(e) - AT

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