Tuesday, August 7, 2018

Change of shareholding after issue of notice couldn't wriggle out taxability of deemed dividend: HC

IT : Where assessee made addition of deemed dividend in respect of loan taken by assessee from company in which she was a shareholder, in view of fact that as per annual returns filed before Registrar of companies, assessee was holding more than ten per cent equity shares in lender company, impugned addition was to be confirmed

from www.taxmann.com Latest Case Laws https://ift.tt/2M2qGjV

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