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Income Tax - Highlights / Catch Notes

Home Highlights January 2024 Year 2024 This

Stay of all the recovery proceedings - addition of dividend as ...


Stay Granted on Recovery of Dividend Addition Under Income Tax Act; Interim Relief Partially Approved.

January 2, 2024

Case Laws     Income Tax     HC

Stay of all the recovery proceedings - addition of dividend as per section 2(22) as consideration paid by the appellant for purchase of its own shares from the shareholders - Scheme was approved by this Court - interim relief granted partly - HC

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