Deemed Dividend Taxation U/s 2(22)(e): Accumulated profit will include current year profit as well?
Here is an interesting case before Mumbai ITAT on the taxation of deemed dividend vis a vis current year profit, as under:
Sanjay Subhashchand Gupta
[2022] 141 , 369 (Mumbai ...
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Posts tagged "disallowance of depreciation"
Use of car for personal use as well: ITAT disallowed 20% of depreciation as no log book for usage of car maintained
Use of car for personal use as well: ITAT disallowed 20% of depreciation as no log book for usage of car maintained
The element of personal usage cannot be overruled in case the businesses, firm or a company owned a ...
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