Inter-corporate deposits in regular business operations are not deemed dividends under Income Tax Act Section 2(22)(e).

Inter-corporate deposits in regular business operations are not deemed dividends under Income Tax Act Section 2(22)(e). https://www.taxtmi.com/highlights?id=56598 Deemed dividend u/s. 2(22)(e) - the loans and advances were made as inter corporate deposits in ordinary course of its business which are not subject to the provisions of deemed dividend as provided under section 22(2) - AT en-us Fri, 05 Feb 2021 07:12:25 +0530 Fri, 05 Feb 2021 07:12:25 +0530 TaxTMI RSS Generator Inter-corporate deposits in regular business operations are not deemed dividends under Income Tax Act Section 2(22)(e). https://www.taxtmi.com/highlights?id=56598 Deemed dividend u/s. 2(22)(e) - the loans and advances were made as inter corporate deposits in ordinary course of its business which are not subject to the provisions of deemed dividend as provided under section 22(2) - AT Highlights Income Tax Fri, 05 Feb 2021 07:12:25 +0530 https://www.taxtmi.com/highlights?id=56598