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LOAN FROM DIRECTOR

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 May 2010 In the F.Y. year 2009-2010 company taken a loan from director and repaid it, but then director withdrawn from company and shown a negative balance.
please somebody tell what we want to do to solve the problem.
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CA Shiv

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CA Shiv (Expert)
04 May 2010 i didnt get your question. can you please ellaborate it.
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CA BIREN SHAH

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CA BIREN SHAH (Expert)
05 May 2010 it will be case of deemed dividend u/s 2(22)(e).



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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
05 May 2010 question is not clear, how can we treat it case of deemed diviend without incomplete information.

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