Deemed dividend u/s 2(22)(e) - assessee contended that ...

Deemed Dividend u/s 2(22)(e) Confirmed Taxable Despite Assessee's Capital Reserve Argument Based on Land Sale Profits.

December 13, 2018

Case Laws Income Tax AT

Deemed dividend u/s 2(22)(e) - assessee contended that accumulated profit was arising out of sale of its land and therefore it is a capital reserve which cannot be distributed as dividend - commercial exigencies - additions confirmed.

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Deemed dividend u/s 2(22)(e) - assessee contended that ...

Deemed Dividend u/s 2(22)(e) Confirmed Taxable Despite Assessee's Capital Reserve Argument Based on Land Sale Profits.

December 13, 2018

Case Laws Income Tax AT

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