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![Advance Paid for Subscription of Shares is not ‘Deemed Dividend’: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Advance Paid for Subscription of Shares is not ‘Deemed Dividend’: ITAT Hyderabad [Read Order]")
Advance Paid for Subscription of Shares is not ‘Deemed Dividend’: ITAT Hyderabad [Read Order]
The ITAT, Hyderabad bench, in DCIT v. M/s. My Home Constructions Private Ltd, held that the provisions of deemed dividend does not attract in a case...