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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

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

Case Laws     Income Tax

March 26, 2019

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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