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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Deemed dividend u/s. 2(22)(d) - redemption of the preference ...


Redemption of Preference Shares at Face Value Not Taxable as Deemed Dividend under Income Tax Act Section 2(22)(d).

April 8, 2016

Case Laws     Income Tax     AT

Deemed dividend u/s. 2(22)(d) - redemption of the preference shares at face value - there is no reduction in the authorised share capital of the company - not taxable u/s 2(22)(d) - AT

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