TMI BlogReceipt of Share Application Money Not a Loan or Deposit u/s 2(22)(e) for Deemed Dividends.Deemed dividend - Whether the receipt of share application money can be treated and recorded as loan, deposits and “any payment“ for invoking the provisions of section 2(22)(e) - Held no - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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