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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Deemed dividend - Lending of money - loans and advances - The ...

Case Laws     Income Tax

December 13, 2011

Deemed dividend - Lending of money - loans and advances - The entire events, to put it in a nut-shell, make explicitly clear that the intention of the assessee was to earn profits from the above venture and basically on a commercial exigency - no deemed dividend.... - AT

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