Tax implication for loan from shareholders

This query is : Resolved 

17 November 2014 Suppose A Private Limited takes a loan from its shareholders having sharholding of less than 10%. In this connection, provisions of section 2(22()(e) relating to deemed dividend does not apply. But what will other tax implication. Kindly advise.

17 November 2014 http://taxguru.in/company-law/provisions-companies-act-2013-pertaining-acceptance-giving-loans-company.html

please go through this.


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