deemed dividend u/s 2(22)(e)
This query is : Resolved
yogesh vijaykumar shah
(Querist)
24 May 2011
If the company has not given any loan or deposit during the previous year, in stead of this only opening balance indicating under loans and advances shown in Balance sheet. Can the provisions of section 2(22)(e) attracts? Please advise.
Ashok Asthana
(Expert)
26 May 2011
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