Any distribution of Assets - (New) Section 2(40)(a) / (Old) Section 2(22)(a)

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....by the company to its shareholders of all or any part of the assets of the company; Meaning of Accumulated Profit "Accumulated profits" shall include all profits of the company up to the date of distribution or payment. Under Section 2(22)(a) of the Income Tax Act, 1961 [ Upto 31.03.2020 ] Dividend includes any distribution of assets by a company to its shareholders to ....