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Case Name : Prasad Film Laboratories Pvt. Ltd. Vs ACIT (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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