Deemed dividend u/s 2(22)(e) - The company had advanced money to ...

Deemed Dividend Not Triggered: Company Loan Not Gratuitous u/s 2(22)(e) of Income Tax Act.

May 6, 2017

Case Laws Income Tax AT

Deemed dividend u/s 2(22)(e) - The company had advanced money to clear the loan outstanding in the name of the assessee, so as to pledge the properties for loans availed - It is not a gratuitous payment which attracts deeming provision of section 2(22)(e) - AT

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Deemed dividend u/s 2(22)(e) - The company had advanced money to ...

Deemed Dividend Not Triggered: Company Loan Not Gratuitous u/s 2(22)(e) of Income Tax Act.

May 6, 2017

Case Laws Income Tax AT

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