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Cash withdrawals by the directors of private limited company

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22 October 2017 if the directors of private limited company withdraw cash from company. what are the consequences if that cash withdrawals shown through the directors current account .

22 October 2017 various provisions will hit depends on nature of transactions. Can you throw some light with example. Follow me on Twitter for more discussions @CAysilkarunai

22 October 2017 Also applicable 269SS...




22 October 2017 Please check the applicability of section 2(22)(e) of the IT Act,1961
(deemed dividend) in the cited case.



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