Hi Friends,
If closely held company want to distribute reserve in shareholder, is it possible to withdraw reseve without paying DDT ?
i want to know about the possibility to reduce withhold tax by using any legal way.
I also want to know if company do buyback and again issue shares to shareholders, in this situation any tax liabillity will arise or not ?
any other way like this.
please suggest something. it is urgent.
CAclubindia
