TMI BlogCompany's Rs. 58 Lacs Advance for Shareholder's Flat Not Taxable as Deemed Dividend u/s 2(22)(e.Deemed dividend u/s 2(22)(e) - advance of Rs. 58 lacs given to the assessee (beneficial shareholder) by the company for purchase of flat - it is a commercial transaction - not taxable - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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