DEEMED DIVIDEND
This query is : Resolved
15 February 2011
ABC IS A FIRM CONVERTED INTO COMPANY. IN FIRMS ACCOUNTS THERE ARE LOANS OUTSTANDING FROM THE SHAREHOLDERS. AFTER CONVERSION INTO COMPANY WHETHER DEEMED DIVIDEND WOULD APPLY?
PLEASE REPLY .
ITS URGENT
PLEASE REPLY .
ITS URGENT
15 February 2011
Yes the Deemed Divided Sec 2(22)(e) will be attracted.
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
- Traces Portal
- U/s.234E late fee- balated filing the TDS returns
- Rectification of TDS return - Sale of property
- Capital Gain Incidents
- Applicability of corporate governance provisions as per the SEBI LODR
- Cheque bounce intimation letter
- Minor - PPF Rules Doubt
- Form 121 of income tax
- 10% pre-deposit for gst appeal
- Conversion of director loan to equity
- Minor Aadhar card cancelled
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
