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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Where money lending is a substantial part of the business of the ...


Shareholder Loan Not Deemed Dividend: Money Lending Dominates Company's Business u/s 2(22)(e) of Income Tax Act.

July 2, 2016

Case Laws     Income Tax     HC

Where money lending is a substantial part of the business of the company - loan obtained by shareholder is not deemed dividend u/s 2(22)(e)

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