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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Deemed dividend u/s 2(22(e) - advances - There remains no doubt ...

Case Laws     Income Tax

April 11, 2018

Deemed dividend u/s 2(22(e) - advances - There remains no doubt that the transactions between assessee and DVPL is representing current account transactions. Therefore, the provision of Section 2(22)(e) of the Act cannot be attracted to such transactions. - AT

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