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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

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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