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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Dividend dividend u/s.2(22)(e) - transactions between the ...

Case Laws     Income Tax

October 9, 2020

Dividend dividend u/s.2(22)(e) - transactions between the shareholder and company - Director of the company holding 50% shares taking temporary accommodation loans from company - the transactions between the assessee and TIBPL, in the given circumstances, do not constitute deemed dividend in favour of the assessee so as to fall within the ambit of section 2(22)(e) of the Act. - AT

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