hi if any co give any advance to person having substantial int or any concern in which such person having sub int then under which hand deemed dividend will be taxable co or receipient
hi if any co give any advance to person having substantial int or any concern in which such person having sub int then under which hand deemed dividend will be taxable co or receipient
| Originally posted by :Tarun Sharma | ||
| " | hi if any co give any advance to person having substantial int or any concern in which such person having sub int then under which hand deemed dividend will be taxable co or receipient |
" |
It will be taxable in the hands of recepient,however company is liable to deduct tax at source if amount exceeds Rs 2500/-
SSGS and Associates
Chennai
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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Aggarwal Sarawagi and Co
New Delhi
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CAclubindia
