2 22(e)

This query is : Resolved 

03 September 2013 Whether Repayment of loan taken from one of the director holding 14%shares in the Company,will be hit by 2 22(e).The director is being paid interest @12%

03 September 2013 No it will not be treated as deemed dividend. Repayment of loan taken from direct not to be treated as deemed dividend.

03 September 2013 Thankyou,Sir!


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