Corporate & Professional Update for Month Oct 2015
Corporate tax Update for the Month of October third week INCOME TAX ACT SECTION 2(22) DEEMED DIVIDEND Loans or advances to shareholder : Where current account transactions between two group companies were business/commercial transactions, same could not be regarded as deemed dividend under section 2(22)(e) –[2015] (Delhi – Trib.) SECTION 9 INCOME – DEEMED TO …