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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Deemed dividend - the sale consideration received on transfer of ...


Property Sale Proceeds Not Deemed Dividend Under Income Tax Act Section 2(22)(e.

October 23, 2018

Case Laws     Income Tax     AT

Deemed dividend - the sale consideration received on transfer of rights in the property and, thus, it is not in the nature of advance or deposits, which could be held as liable for deemed dividend in terms of section 2(22)(e)

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