Cash withdrawals by the directors of private limited company
This query is : Resolved
22 October 2017
if the directors of private limited company withdraw cash from company. what are the consequences if that cash withdrawals shown through the directors current account .
22 October 2017
various provisions will hit depends on nature of transactions.
Can you throw some light with example.
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22 October 2017
Please check the applicability of section 2(22)(e) of the IT Act,1961
(deemed dividend) in the cited case.
(deemed dividend) in the cited case.
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