Home / 
Payments from AIL Not Deemed Dividends u/s 2(22)(e); Considered Regular Commercial Sales Receipts.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Deemed dividend u/s 2(22)(e) - Advance against sales - the payments received by the assessee from AIL are receipt against sales made during the course of commercial transactions and therefore, provision of Section 2(22)(e) is not applicable. - AT....
TaxTMI
TaxTMI