Deemed dividend u/s 2(22)(e) - the expression, “accumulated ...

"Accumulated Profits" in Section 2(22)(e) means commercial profits, not taxable profits, affecting deemed dividend calculations.

April 19, 2013

Case Laws Income Tax HC

Deemed dividend u/s 2(22)(e) - the expression, “accumulated profits“ means profits in the commercial sense and not assessable or taxable profits liable to tax - HC

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Deemed dividend u/s 2(22)(e) - the expression, “accumulated ...

"Accumulated Profits" in Section 2(22)(e) means commercial profits, not taxable profits, affecting deemed dividend calculations.

April 19, 2013

Case Laws Income Tax HC

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