Deemed dividend u/s 2(22)(e) - payments effected by the ...

Subsidiary payments to Assessee are not 'loans' or 'advances' u/s 2(22)(e); not "deemed dividend.

January 23, 2018

Case Laws Income Tax HC

Deemed dividend u/s 2(22)(e) - payments effected by the Subsidiary Company and received by the Assessee, were as part of the regular business transactions - it could not have been treated as 'loan' or 'advances', so as to make the disputed amounts as “deemed dividend”, as defined under Section 2(22)(e). - HC

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Deemed dividend u/s 2(22)(e) - payments effected by the ...

Subsidiary payments to Assessee are not 'loans' or 'advances' u/s 2(22)(e); not "deemed dividend.

January 23, 2018

Case Laws Income Tax HC

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