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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Addition u/s 2(22)(e) - determination of shareholding of the ...


Shareholding Calculation for Assessee u/s 2(22)(e) Must Exclude Subsidiary's Shares as Irrelevant.

June 7, 2017

Case Laws     Income Tax     AT

Addition u/s 2(22)(e) - determination of shareholding of the assessee - shareholding of the Assessee’s subsidiary M/S.Hooghly Mills Projects Ltd., should not be considered and it is irrelevant. - AT

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