Deemed dividend u/s 2(22)(e) - advances being compensation for ...
Case Laws Income Tax
April 19, 2016
Deemed dividend u/s 2(22)(e) - advances being compensation for personal guarantees - as long as it is in nature of loans or advances, and other pre-conditions for applicability of Section 2(22)(e) are satisfied, such loans and advances are required to be taxed as deemed dividend. - AT
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