Day: November 12, 2024

No deemed dividend u/s 2(22)(e) if funds not utilized for the benefit of the substantial shareholder – ITAT In a recent judgment, ITAT Hyderabad has deleted the addition as deemed dividend u/s 2(22)(e) holding that the payments made by the company had been used for the business purposes …

Rules for recruitment of Company Prosecutor in Ministry of Corporate Affairs MCA has notified the Ministry of Corporate Affairs, Company Prosecutor, Group ‘B’, Gazetted Posts Recruitment Rules, 2024 regulating the method of recruitment to the posts of Company Prosecutor, in the offices of the Ministry of Corporate Affairs. …