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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Deemed dividend u/s 2(22)(e) - Payment of advances to the ...

Case Laws     Income Tax

April 30, 2020

Deemed dividend u/s 2(22)(e) - Payment of advances to the assessee against purchase of land - these transactions are towards business and commercial purpose and there is no benefit accruing to the assessee from such transaction.

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