Deemed Dividend

KARTIKEY | Last updated: 18 December 2012

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1. Deemed dividend under section 2(22) from an Indian company or any dividend from a foreign company is taxable in the hands of shareholders under the head Income from other sources, regardless of the fact whether shares are held by the assessee as investment or as stock-in-trade. 2. Under section 2(22), the following payments or distributions by a company to its shareholders are deemed as dividends to the extent to accumulated profits of the company. 3. Any distribution entailing

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

KARTIKEY

ADVOCATE

I AM AN ADVOCATE PRACTISING IN INCOME TAX , COMPANIES ACT AND SERVICE TAX. I ALWAYS APPRECIATE DISCUSSION AND GUIDANCE IN MY AREAS OF PRACTISE. THANK YOU.

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