Deemed dividend
sanjay upadhyay (self employed) (43 Points)
09 December 2019pl advise if this comes under deemed dividend us 2(22) and will that loan amount will be taxed as income in directors hand .
sanjay upadhyay (self employed) (43 Points)
09 December 2019
Kapadia Pravin
(17249 Points)
Replied 09 December 2019
sanjay upadhyay
(self employed)
(43 Points)
Replied 09 December 2019
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 09 December 2019
No loans can be given to directors