Deemed dividend u/s 2(22)(e) - the revenue has to prove that the ...

Revenue Must Prove Loans u/s 2(22)(e) Are Genuine, Not Regular Business Transactions; Assessee Wins Case.

March 26, 2019

Case Laws Income Tax AT

Deemed dividend u/s 2(22)(e) - the revenue has to prove that the said loans and advances are really in the nature of loans, but not normal commercial transactions. - assessee has succeeded in his attempt on the issue of business exigency.

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Deemed dividend u/s 2(22)(e) - the revenue has to prove that the ...

Revenue Must Prove Loans u/s 2(22)(e) Are Genuine, Not Regular Business Transactions; Assessee Wins Case.

March 26, 2019

Case Laws Income Tax AT

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