Deemed dividend u/s 2(22)(e) - advance of Rs. 58 lacs given to ...

Company's Rs. 58 Lacs Advance for Shareholder's Flat Not Taxable as Deemed Dividend u/s 2(22)(e.

July 5, 2013

Case Laws Income Tax AT

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

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Deemed dividend u/s 2(22)(e) - advance of Rs. 58 lacs given to ...

Company's Rs. 58 Lacs Advance for Shareholder's Flat Not Taxable as Deemed Dividend u/s 2(22)(e.

July 5, 2013

Case Laws Income Tax AT

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