ITAT Uses Section 254 to Address Deemed Dividend u/s 2(22)(e), Orders Fair Market Value Examination of Shares.

ITAT Uses Section 254 to Address Deemed Dividend u/s 2(22)(e), Orders Fair Market Value Examination of Shares. https://www.taxtmi.com/highlights?id=40559 Deemed dividend addition u/s 2(22)(e) - power of ITAT u/s 254 - enhancement of tax liability of the assessee - ITAT was right and within its jurisdiction in directing the examination of the fair market value of the shares bought back by it during the previous year. en-us Sun, 29 Jul 2018 13:23:37 +0530 Sun, 29 Jul 2018 13:23:37 +0530 TaxTMI RSS Generator ITAT Uses Section 254 to Address Deemed Dividend u/s 2(22)(e), Orders Fair Market Value Examination of Shares. https://www.taxtmi.com/highlights?id=40559 Deemed dividend addition u/s 2(22)(e) - power of ITAT u/s 254 - enhancement of tax liability of the assessee - ITAT was right and within its jurisdiction in directing the examination of the fair market value of the shares bought back by it during the previous year. Highlights Income Tax Sun, 29 Jul 2018 13:23:37 +0530 https://www.taxtmi.com/highlights?id=40559