deemed dividend 2(22)(e)

  • Income Tax

Deemed dividends not exempted u/s 10(34) in the hand of the payee-High Court

Deemed dividends not exempted u/s 10(34) in the hand of the payee since there is no payment of additional tax…

6 years ago
  • Income Tax

Deemed dividend upheld when amount was parked in long term investments and could not be in the course of business

Deemed dividend upheld when amount was parked in long term investments and hence could not qualify as to be made…

6 years ago
  • Income Tax

Deemed dividend provisions are not attracted in the absence of actual payment – High Court

Deemed dividend provisions not attracted in absence of actual payment. Payment u/s 2(22)(e) has to be physical-actual and not mere…

6 years ago
  • Income Tax

No deemed dividend u/s 2(22)(e) where personal property pledged as collateral security – ITAT

No deemed dividend u/s 2(22)(e) where personal property pledged as collateral security for enabling the company to obtain loan/credit facilities…

6 years ago
  • Income Tax

Deemed Dividend u/s 2(22)(e) do not extend to non-shareholders-Supreme Court agrees with High Court

Deemed Dividend u/s 2(22)(e) do not extend to non-shareholders. The fiction not to be extended further for broadening the concept…

7 years ago
  • Income Tax

Trade advances are not deemed dividend u/s 2(22)(e). They do not fall within the ambit of the word ‘advance’

Trade advances are not deemed dividend u/s 2(22)(e) as they do not fall within the ambit of the word 'advance'…

7 years ago
  • Income Tax

Deemed Dividend-Loan to firm where partners are shareholders of the company not considered deemed dividend u/s 2(22)(e)

Deemed Dividend-Loan to firm where partners are shareholders of the company. Advances not considered deemed dividend u/s 2(22)(e) ABCAUS Case…

7 years ago
  • Income Tax

Advance for purchasing capital assets not deemed divided u/s 2(22)(e). It was a trade advance in the normal course of business – ITAT

Advance for purchasing capital assets not deemed divided u/s 2(22)(e). It was a trade advance in the normal course of…

7 years ago
  • Income Tax

Deemed dividend-share premium not part of accumulated profits. Proportionate taxation u/s 2(22)(e) to be made if more than one shareholder satisfy conditions-ITAT

Deemed dividend-share premium not part of accumulated profits. Proportionate taxation u/s 2(22)(e) to be made if more than one shareholder…

7 years ago
  • Income Tax

Payments to HUF held deemed dividend u/s 2(22)(e) despite the HUF itself was not the registered shareholder of the company-Supreme Court

Payments to HUF held deemed dividend u/s 2(22)(e) because the prescribed conditions were fulfilled notwithstanding the fact that the HUF itself…

7 years ago