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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Deemed dividend - Whether the receipt of share application money ...


Receipt of Share Application Money Not a Loan or Deposit u/s 2(22)(e) for Deemed Dividends.

April 7, 2014

Case Laws     Income Tax     HC

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

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