deemed dividend
This query is : Resolved
15 December 2009
u/s 2(22)(e), any liability of shareholder or related person paid by the company is also deemed to be dividend to the extent of accumulated profits. But does this liability include any statutory liability also paid under special cases?
I mean, any of the related parties or shareholders, does not have online facility for payment of TDS with it's bank, and it is compulsory for them to make online payment. In such a case our Company makes online payment of TDS on their behalf. What shall be the implication of that under the provisions of sec 2(22)(e)? Will that be considered as deemed dividend as well?
I mean, any of the related parties or shareholders, does not have online facility for payment of TDS with it's bank, and it is compulsory for them to make online payment. In such a case our Company makes online payment of TDS on their behalf. What shall be the implication of that under the provisions of sec 2(22)(e)? Will that be considered as deemed dividend as well?
03 January 2010
If the amountis immediately recovered or received from them, then only you would be able to substantiate your claim.
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
- STCG....................................................
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Relief u/s Section 89
- Sales return eway bill
- GST ON DAMAGED GOODS
- LTCG for Assmt year 26-27
- Tax liability on income of freelancer
- REGARDING GST LIABILITY/....
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
