deemed dividend 2 22 e
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 January 2011
In order to avoid the concept of deemed dividend we have advised to one of our client to revise the shareholding pattern of the company in such manner that director who gets the advance from the company reduces their holding below 10% of total share capital.
for this director has to transfer their shares to their minor child.
My question is whether while determining the shareholding of director whether the shareholding of minor child will clubbed or not.
for this director has to transfer their shares to their minor child.
My question is whether while determining the shareholding of director whether the shareholding of minor child will clubbed or not.
05 January 2011
Hi
Director will be authorised representative of minor and miner will be consider as member. Director will not be consider for share transfered to minor for shareholding purpose.
Regards
Director will be authorised representative of minor and miner will be consider as member. Director will not be consider for share transfered to minor for shareholding purpose.
Regards
05 January 2011
Hi
For details on minor shareholding read Chartered Secretary of December issue, published by ICSI.
Regards
For details on minor shareholding read Chartered Secretary of December issue, published by ICSI.
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Exiting partner in partnership firm in gst portal
- CLOSING STOCK QUERY
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- IT returns for fresh job holders
- F&O reporting in ITR
- Difff in ais receipts and gst turnover
- ITR 44AD SECTION
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Residential status of non resident
- NRI INSURANCE ADVISOR
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
