Deemed Dividend u/s 2(22)(e): AO Cannot Claim Accumulated Profits if Income Accepted as Declared.

Deemed Dividend u/s 2(22)(e): AO Cannot Claim Accumulated Profits if Income Accepted as Declared. https://www.taxtmi.com/highlights?id=40609 Deemed dividend addition u/s 2(22)(e) - proof of accumulated profits - if the AO has accepted the income returned by the said company and not made any changes in the return of income and assessed the income as declared by the said company, he cannot hold that there was accumulated profits for the purpose of section 2(22)(e) en-us Wed, 01 Aug 2018 12:08:53 +0530 Wed, 01 Aug 2018 12:08:53 +0530 TaxTMI RSS Generator Deemed Dividend u/s 2(22)(e): AO Cannot Claim Accumulated Profits if Income Accepted as Declared. https://www.taxtmi.com/highlights?id=40609 Deemed dividend addition u/s 2(22)(e) - proof of accumulated profits - if the AO has accepted the income returned by the said company and not made any changes in the return of income and assessed the income as declared by the said company, he cannot hold that there was accumulated profits for the purpose of section 2(22)(e) Highlights Income Tax Wed, 01 Aug 2018 12:08:53 +0530 https://www.taxtmi.com/highlights?id=40609