Transactions with DVPL Exempt from Deemed Dividend Rules u/s 2(22)(e) of the Income Tax Act.

Transactions with DVPL Exempt from Deemed Dividend Rules u/s 2(22)(e) of the Income Tax Act. https://www.taxtmi.com/highlights?id=38840 Deemed dividend u/s 2(22(e) - advances - There remains no doubt that the transactions between assessee and DVPL is representing current account transactions. Therefore, the provision of Section 2(22)(e) of the Act cannot be attracted to such transactions. - AT en-us Wed, 11 Apr 2018 13:12:42 +0530 Wed, 11 Apr 2018 13:12:42 +0530 TaxTMI RSS Generator Transactions with DVPL Exempt from Deemed Dividend Rules u/s 2(22)(e) of the Income Tax Act. https://www.taxtmi.com/highlights?id=38840 Deemed dividend u/s 2(22(e) - advances - There remains no doubt that the transactions between assessee and DVPL is representing current account transactions. Therefore, the provision of Section 2(22)(e) of the Act cannot be attracted to such transactions. - AT Highlights Income Tax Wed, 11 Apr 2018 13:12:42 +0530 https://www.taxtmi.com/highlights?id=38840