TMI BlogAssessment Reopened: Business Advances Not Deemed Dividend Under Income Tax Act Section 2(22)(e.Reopening of assessment - addition made on account of deemed dividend under S.2(22)(e) - the amount advanced for business transaction between parties, are not such to fall within the definition of ‘deemed dividend’ under S.2(22)(e). - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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