https://www.taxtmi.com/highlights?id=49423 Deemed dividend - Being not a regular dividend, declared and paid by company, the same does not fall to be covered u/s. 10(34) and, thus, is not excepted u/s. 56. The same has, accordingly, been rightly brought to tax u/s. 2(24)(ii) r/w ss. 2(22)(e) and 56 en-us Tue, 24 Sep 2019 07:41:40 +0530 Tue, 24 Sep 2019 07:41:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49423 Deemed dividend - Being not a regular dividend, declared and paid by company, the same does not fall to be covered u/s. 10(34) and, thus, is not excepted u/s. 56. The same has, accordingly, been rightly brought to tax u/s. 2(24)(ii) r/w ss. 2(22)(e) and 56 Highlights Income Tax Tue, 24 Sep 2019 07:41:40 +0530 https://www.taxtmi.com/highlights?id=49423