Deemed Dividend - having accepted the interest income received ...

Revenue Can't Contest Company's Money Lending Activities as Non-Business After Accepting Interest as Business Income.

September 27, 2012

Case Laws Income Tax AT

Deemed Dividend - having accepted the interest income received by the company as business income, the Revenue cannot argue that lending and advancing of money is not the business of the company. - AT

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Deemed Dividend - having accepted the interest income received ...

Revenue Can't Contest Company's Money Lending Activities as Non-Business After Accepting Interest as Business Income.

September 27, 2012

Case Laws Income Tax AT

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