Guide to .. Tax Management ,Tax Planning and Tax Saving
 

Any Distribution Entailing Release :Tax Management with reference to -Deemed Dividend-

 

2.2.      [ SEC. 2(22)(a) ] :  ANY DISTRIBUTION ENTAILING RELEASE ETC.

(1).Any distribution (2). by a company (3). of accumulated profits, whether capitalized or not  (4). if such contribution entails the release by the company to its shareholders of all or any part of the assets of the company.

Note :

1.         Computation of accumulated profits : Accumulated Profits means commercial profit upto the date of distribution and it comprises of :

    1. Current Profit including Capital Gain

    2. General Reserve , Investment allowance reserve etc.

    3. Tax Free incomes including agricultural income.

But does not include…

    1. Provisions of taxation and dividend

    2. Depreciation Reserve

    3. Revaluation Reserve.

2.         What is Capitalized Accumulated Profits :  Where the Accumulated Profit is capitalized by issue of Bonus Shares.

3.         What do you mean by release of Company’s Assets. Where the distribution is made in cash or in kind to the shareholders – it means there is a release of company’s assets.

4.         When  the Assets are distributed u/s 2(22)(a), the market value of the assets on the date of distribution is taken for computing dividend. No Capital gain arises since it is a Gift.

 
MORE TOPICS ....
> Tax Management in reference to Location & Nature of New Business
> Tax Management In Nature Of The New Business
> Tax Management with reference to -Deemed Dividend
> [ SEC. 2(22)(a) ] : Tax Management with reference to -Deemed Dividend- ( Any Distribution Entailing Release)
> [ SEC. 2(22)(b) ] : Any Distribution By Way Of Debenture Etc.
> [ SEC. 2(22)(c) ] : DISTRIBUTION TO SHAREHOLDERS ON LIQUIDATION
> [ SEC. 2(22)(e) ] : Payment By Way Of Advance Or Loan To Shareholders
> TAX PLANNING THROUGH ISSUE OF BONUS SHARES
> Tax Management with reference to –Lease or Buy Decisions
> Tax Management with reference to –Repair, Replace, Renewal Or Renovation
> Tax Management with reference to – ‘Make Or Buy’ Decisions
> [Sec.- 46] : Capital Gains on Distribution of Assets by Companies
> Tax Management in reference to-Sale of Scientific Research Asset
  Tax Management with reference to –‘Capital Structure'
> Conversion of Firm / Sole Proprietorship to Company
 
 
Buy..Tax Management Book @ Rs.550 Buy..Tax Management Book @ Rs.550 Buy..Tax Management Book @ Rs.550
 
Taxation in Business & Profession [Section 28 to 44]
Taxation in Business & Profession [Section 28 to 44]

Computation of income under the head 'Profits and Gains of Business or Professions' [Section 28 to 44]

Know more ...
 
 
Get.. Tally.ERP9 Book + GST Practical Assignment @ Rs.550 Tally.ERP9 Book Online Order Tally.ERP9 Book Content
 
Tax Computation with Assessment of Salaried Person, HUF, Individuals
Tax Computation with Assessment of Salaried Person, HUF, Individuals.

Computation of Income with Assessment Under the Head 'Salary', 'HUF', 'Individuals'.


Indivisuals
HUF
Salaried Person
 
| About Us | Privacy Policy | Disclaimer | Sitemap |
© 2019 : IncomeTaxManagement.Com