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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Deemed Dividend 2(22)(e) - Assessee has 69% shareholding in a Co. ...

Case Laws     Income Tax

December 23, 2011

Deemed Dividend 2(22)(e) - Assessee has 69% shareholding in a Co. advanced loan to a concern in which he has 25% shares - the assessee company is not a registered holder of shares, therefore, the provisions of Section 2(22)(e) would not be applicable at all to the case of the assessee firm. .... - AT

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