deemed dividend

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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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