Deemed dividend addition u/s 2(22)(e) - computation of ...
Deemed Dividend u/s 2(22)(e): Current Year's Profits Excluded from Accumulated Profits Until Year-End Book Closure.
July 19, 2016
Case Laws Income Tax AT
Deemed dividend addition u/s 2(22)(e) - computation of accumulated profits - it shall not include current year’s proportionate profit, since the current years profit shall be deemed to accrue only when the books of account are closed at the year end - AT
View Source