Strengthening the Power of Shareholder for approving Managerial Remuneration
Just as profits drive business, incentives drive the managers of the business. Not surprisingly then, in a fiercely competitive corporate environment,...
![ITAT directs Re-adjudication in respect of additions made towards deemed dividend u/s 2(22)(e) Income Tax Act received from Shareholder Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-Re-adjudication-additions-deemed-dividend-Income-Tax-Act-Shareholder-Company-TAXSCAN.jpg "ITAT directs Re-adjudication in respect of additions made towards deemed dividend u/s 2(22)(e) Income Tax Act received from Shareholder Company [Read Order]")
![Company granting Bonus to Employees or Shareholder entitled to Tax benefits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Bonus-Tax-Benefit-Shareholder-ITAT-Employee-Taxscan.jpg "Company granting Bonus to Employees or Shareholder entitled to Tax benefits: ITAT [Read Order]")
![No Deemed Dividend If Assessee was not a Shareholder at the Time of Advance: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/08/Deemed-Dividend-Taxscan.jpg "No Deemed Dividend If Assessee was not a Shareholder at the Time of Advance: ITAT [Read Order]")
![Firm, not a Shareholder in Pvt Company can’t be Taxed for Deemed Dividend: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Firm, not a Shareholder in Pvt Company can’t be Taxed for Deemed Dividend: ITAT [Read Order]")
S. 56 not applicable in the absence of any Disproportionate Allotment of Shares to Existing Shareholders: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has recently held that a shareholder cannot be taxed under Section 56(2)(vii) of the Income-tax Act, 1961 when the shares are allotted to...
![S. 56 not applicable in the absence of any Disproportionate Allotment of Shares to Existing Shareholders: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Wrong-Name-ITAT-Taxscan.jpg "S. 56 not applicable in the absence of any Disproportionate Allotment of Shares to Existing Shareholders: ITAT [Read Order]")
Provisions of Deemed Dividend do not attract If Recipient is not a Shareholder: SC Upholds Delhi HC decision [Read Order]
A two-judge bench of the Supreme Court has upheld the order of the Delhi High Court wherein the Court observed that section 2(22)(e) of the Income Tax Act, 1961 would not attract in a case where the...
![Provisions of Deemed Dividend do not attract If Recipient is not a Shareholder: SC Upholds Delhi HC decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "Provisions of Deemed Dividend do not attract If Recipient is not a Shareholder: SC Upholds Delhi HC decision [Read Order]")
Foreign Business Tour by a Non-Employee Director/Shareholder of a Company is not Taxable as Perquisite: ITAT Delhi
In Mrs. Kinty Suri v. ITO, the Delhi ITAT held that foreign visits by a non-employee Director and shareholder for the purpose of business of company is not a perquisite within the meaning of section...
