Deemed dividend - accumulated profit - admittedly, the reserve ...

Case Laws Income Tax

October 30, 2020

Deemed dividend - accumulated profit - admittedly, the reserve and surplus amount does not show any accumulated profit but the amount shown is loss as well as premium on securities. - No addition could be made - HC

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Deemed dividend - accumulated profit - admittedly, the reserve ...

Case Laws Income Tax

October 30, 2020

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