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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Deemed dividend addition u/s. 2(22)(e) - both the parties are ...


No Deemed Dividend Addition: Section 2(22)(e) Not Applied for Business Advance Between Similar Trade Parties.

July 25, 2018

Case Laws     Income Tax     AT

Deemed dividend addition u/s. 2(22)(e) - both the parties are engaged in similar trade and activities and the above amount was given as advance against business transaction - no additions.

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