Income Tax Business transaction are not in the nature of loan or advances and cannot be taxed as Deemed Dividend u/s 2(22) (e) December 3, 2021 0 Comments Business transaction are not in the nature of loan or advances and cannot be taxed as Deemed Dividend u/s 2(22) (e) ITAT Delhi in the case of TCI Exim Pvt. Ltd. Vs ACIT has held that the trade loans do not ... Read More
