With a footprint in 63 countries and territories and 183,000 employees, BNP Paribas is positioned as the leading bank in the European Union as measured by balance sheet assets. The BNP Paribas group, ...
ITAT Delhi held that expense incurred by holding company on behalf of subsidiary company which is not in the nature of loan cannot be treated as deemed dividend u/s. 2 (22) (e) of the Income Tax Act.