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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Deemed dividend u/s 2(22)(e) - effective date for determination ...

Income Tax

June 29, 2020

Deemed dividend u/s 2(22)(e) - effective date for determination of substantial share holding - one can file belated return with the ROC along with "late fee" as applicable, as was done by assessee and since the same was accepted by the ROC, hence, for all intents and purposes, the effective date of transaction will be the date as mentioned in the return.

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