banner_ad

Section 2(22)(e)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 July 2009 Suppose if A company has given a loan to B company wherein shareholder holds 99% of holding and 50% holding in B company

So is deemed dividend applicable??

Its urgent
Regards
Hitesh khona
Profile Image

CA CS CIMA Prakash Somani

Profile Image

CA CS CIMA Prakash Somani (Expert)
29 July 2009 Please make you Q clear. :)
Profile Image

HITESH KHONA

Profile Image

HITESH KHONA (Querist)
29 July 2009 It means A shareholder is common between the two companies. For A he is having 99% shareholding & company B he is having 40$ shareholding
So is deemed dividend applicable
If A given to Loan to B
Profile Image

sunny bansal

Profile Image

sunny bansal (Expert)
29 July 2009 definetly it will be the case of deemed dividend u/s 2(22)(e) if company A is private co.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details