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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Deemed dividend u/s 2(22)(e) - nature of receipt of sum from a ...

Case Laws     Income Tax

June 25, 2018

Deemed dividend u/s 2(22)(e) - nature of receipt of sum from a company in which assessee is having 25.24% holding - assessee’s case that the same formed part of transactions in mutual or current account - assessee claimed that it was not loan or advance - the contention of the assessee accepted.

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