Deemed dividend

deemed dividend is divided into 5 parts in income tax act as follows :
sec 2(22)(a) distribution in cash or as assets
sec 2(22)(b) issue of debentures/bonus shares
sec 2(22)(c) distribution on liquidation
sec 2(22)(d) distribution on reduction of share capital
sec 2(22)(e) loan and advance by a closely held co.
sec 2(22)(a) to 2(22)(d) are exempt in the hands of the shareholders and domestic co shall pay AIT
dividends under sec 2(22)(e) are taxable in the hands of shareholders

Thanks

Anytime Jainam !