Whether deemed dividend under sec. 2(22)(e) will be deductible in the books of accounts of unlisted company from accumulated profits
Menu
Deemed dividend under section 22(2)(e)
Replies (1)
Dividend in any form is not allowable as a deduction in Income Tax Act. Also the same will not be reduced from accumulated profits from books of accounts.
Recent Threads
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
- GST chow cause notice
Related Threads
CAclubindia
