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When company is deemed to be in default

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Full Text of the Document

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....hen company is deemed to be in default. 115Q. If any principal officer of a domestic company and the company does not pay tax on distributed profits in accordance with the provisions of sectio....

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Full Text of the Document

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....  Omitted vide Section 41 of the Finance Act 2018 w.e.f. 01-04-2018 before it was read as, "Explanation. For the purposes of this Chapter, the expression dividends shall hav....

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