Addition made u/s 2(22)(e) - amount received from the company ...

Case Laws Income Tax

March 29, 2023

Addition made u/s 2(22)(e) - amount received from the company shown as share application money to the company for which, allocation is pending - Assessing Officer has held that the transaction clearly falls within the ambit of the provisions of section 2(22)(e) of the Act and brought to tax to the extent of the accumulated surplus available with the company as deemed dividend in the hands of the assessee. CIT(A) has rightly confirmed the addition - AT

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Addition made u/s 2(22)(e) - amount received from the company ...

Case Laws Income Tax

March 29, 2023

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