Section 2(22)(e)
This query is : Resolved
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
So is deemed dividend applicable??
Its urgent
Regards
Hitesh khona
29 July 2009
Please make you Q clear. :)
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
So is deemed dividend applicable
If A given to Loan to B
29 July 2009
definetly it will be the case of deemed dividend u/s 2(22)(e) if company A is private co.
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