Advances given by a company to its shareholders should be ...

Case Laws Income Tax

March 13, 2014

Advances given by a company to its shareholders should be treated as payment out of accumulated profits of the company, whether capitalised or not, and must be treated as dividend and would go to reduce the tax liability - HC

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Advances given by a company to its shareholders should be ...

Case Laws Income Tax

March 13, 2014

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