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# dividendtaxation

1 posts in `dividendtaxation` tag

Knowing the Income-tax Act of 1961's Section 2(22): Deemed Dividends and Their Consequences

The Income-tax Act, 1961's Section 2(22) discusses the idea of presumed dividends and makes sure businesses don't evade taxes by giving shareholders advances or loans in lieu of dividends. This area affects the financial health of a corporation as well as dividend taxes. To ensure financial stability and compliance with tax laws, become aware of the important clauses and their implications.