Thursday, June 21, 2018

Deemed dividend provisions couldn't be applied on business transactions between shareholders & Co.

IT : Where transactions between shareholder and company were in nature of current account, provisions of section 2(22)(e) would not be applicable

from www.taxmann.com Latest Case Laws https://ift.tt/2JUXOJY
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...