TMI BlogSection 2(22)(e) Income Tax Act: Common Director Alone Doesn't Trigger Deemed Dividend for Inter Corporate Deposits.Additions on Deemed dividend - Inter Corporate Deposits (ICDs) - Section 2(22)(e) does not provide that having a common Director in two companies would make Section 2(22) (e) applicable. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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