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Business Payments to Parent Company Not Deemed Dividend: Telangana HC

Case Law Details

Case Name : Prasad Film Laboratories Pvt. Ltd. Vs ACIT (Telangana High Court)
Related Assessment Year :
Courts : All High Courts Telangana High Court
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Prasad Film Laboratories Pvt. Ltd. Vs ACIT (Telangana High Court)

Payments in Normal Business Course Not Deemed Dividend under Section 2(22)(e): Relief for M/s. Prasad Film Laboratories Pvt. Ltd., Telangana High Court Clears Misapplication of Deemed Dividend Provisions in Inter-Company Business Transactions

Background:

M/s. Prasad Film Laboratories Pvt. Ltd., a closely held company, filed appeals against a common order dated 14.03.2007 by

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Name: CA Ramesh Sankhla
Qualification: CA in Job / Business
Company: Professional
Location: Ahmedabad, Gujarat, India
Member Since: 27 Nov 2024 | Total Posts: 7
Over 16 years of professional experience in Direct and Corporate Taxation, Regulatory Services, Tax Litigation and Compliance, Business Restructuring, GST, FEMA, Corporate Accounting & Audits and ED matters !! View Full Profile

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