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section 2 22 b
please explain section 2 (22)( b)
Replies (4)
Lets. know. Act
section 2 (22) (b) of income tax act
This. section. refer to definition of Dividend , includes any distribution to its share holder by a company debentrures with or without interest and any distribution to its preference share holder's of shares by way of bonus to the extent to which the company possesses accumulated profit , whether capitalised or not
sir if no accumulated profits ?
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