Deemed dividend u/s.2(22)(e) - assessee could not justify that ...
Assessee's advance from company deemed dividend under Income Tax Act section 2(22)(e) due to lack of business justification.
March 29, 2016
Case Laws Income Tax AT
Deemed dividend u/s.2(22)(e) - assessee could not justify that the advance given by the company to the assessee is for business purposes. - additions confirmed - AT
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