Deemed dividend addition u/s 2(22)(e) - monies advanced to the ...

Case Laws Income Tax

October 15, 2022

Deemed dividend addition u/s 2(22)(e) - monies advanced to the assessee - no funds of the company is divested; there exists a current account which keeps fluctuating as per requirement of the funds that arise in the ordinary course of business and hence cannot be treated as deemed dividend under section 2(22)(e). - AT

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Deemed dividend addition u/s 2(22)(e) - monies advanced to the ...

Case Laws Income Tax

October 15, 2022

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