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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Deemed dividend u/s 2(22)(e) - Assessee held 97.83% shares - the ...


Advance Payment on Property Sale Not Deemed Dividend u/s 2(22)(e) for 97.83% Shareholder.

September 29, 2012

Case Laws     Income Tax     AT

Deemed dividend u/s 2(22)(e) - Assessee held 97.83% shares - the assessee received the advance against sale of property belonging to her, therefore the transaction could not be brought under the provisions of Sec. 2(22)(e) - AT

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