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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Where regular business transactions are carried on by an ...


Subsidiary transactions in ordinary business not deemed dividends under Income Tax Act, Section 2(22)(e).

June 23, 2014

Case Laws     Income Tax     AT

Where regular business transactions are carried on by an assessee in its ordinary course of business with its subsidiary, they cannot be treated as deemed dividend for the purpose of section 2(22)(e) - AT

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