Unpaid consideration on sale of flat to shareholder to be treated as deemed dividend u/s 2(22)(e): HC

IT : Where 'S' Ltd., in which assessee had substantial shareholding, sold a flat to assessee of which a major portion of price remained unpaid by him at end of previous year, authorities below were justified in treating said amount as deemed dividend under section 2(22)(e)

from www.taxmann.com Latest Case Laws http://bit.ly/2Fj7PMO