Unaccounted tax liabilities go to reduce reserves for levy of deemed dividend u/s 2(22)(e)
May 8, 2019
Income Tax, ITAT
Unaccounted tax liabilities to be deducted from reserves for levy of deemed dividend u/s 2(22)(e). AO should consider the liability while considering the status of the accumulated profit of the assessee ABCAUS Case Law Citation: ABCAUS 2911 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties …