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Loan to director & shareholder

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27 August 2016 Dear Experts, can A pvt. ltd. company provide the loan to its director who is also shareholder of 20% in the company also let me know weather it will be treated as deemed dividend, Regard Radhika

27 August 2016 Loan to Director is deemed dividend .See section 2(22e) of the Income tax Act,1961 for details.



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