Deemed dividend u/s 2(22)(e) - advances given to societies - in ...
Advances to societies not deemed dividends u/s 2(22)(e) of Income Tax Act without legal right in society.
September 20, 2017
Case Laws Income Tax AT
Deemed dividend u/s 2(22)(e) - advances given to societies - in the absence of legal right of the assessee in the said society the amount advanced cannot be treated as deemed income.
View Source