Loan to Shareholders
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2010
Can we give loans to shareholders?whether deemed dividend will apply?
03 July 2010
If the shareholder holds more than 10% in the company then the provisions of deemed dividend will be applicable.
03 July 2010
As per my understanding avoid such practice...or check the object clause of your MOA.
Regrads
Regrads
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
- Income tax return change regime form necessary or not?
- Machinery taking back from repair work shop
- Resignation of auditor and appointment and cfss
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Composite medical service contract
- EPF RETURN FILLING
- I have sent ITR to CPC and delivered in due date , but portal itr status not updated
- Patient expenses
- New old regime
- Tax Audit Mandatory or Optional
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
