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deemed dividend
if company paid interest on unsecured loan to directors whether is is deemed dividend ?
Replies (3)
| Originally posted by : Preksha Bhatt | ||
 |
if company paid interest on unsecured loan to directors whether is is deemed dividend ? |  |
Yes
if accumulated profit is 60k and interest amount is 1cr than dividend amount is 60k right?
| Originally posted by : Preksha Bhatt | ||
|
if accumulated profit is 60k and interest amount is 1cr than dividend amount is 60k right? | |
Yes
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