Addition of deemed dividend under Section 2(22)(e) - quantum of ...

Share Premiums Not Accumulated Profits for Deemed Dividends u/s 2(22)(e) of Income Tax Act.

March 14, 2017

Case Laws Income Tax AT

Addition of deemed dividend under Section 2(22)(e) - quantum of accumulated profits - inclusion of share premium - The share premium account cannot partake the nature of commercial profit and, therefore, it cannot be called as accumulated profits - AT

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Addition of deemed dividend under Section 2(22)(e) - quantum of ...

Share Premiums Not Accumulated Profits for Deemed Dividends u/s 2(22)(e) of Income Tax Act.

March 14, 2017

Case Laws Income Tax AT

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