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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Additions on Deemed dividend - Inter Corporate Deposits (ICDs) - ...


Section 2(22)(e) Income Tax Act: Common Director Alone Doesn't Trigger Deemed Dividend for Inter Corporate Deposits.

September 15, 2012

Case Laws     Income Tax     HC

Additions on Deemed dividend - Inter Corporate Deposits (ICDs) - Section 2(22)(e) does not provide that having a common Director in two companies would make Section 2(22) (e) applicable. - HC

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