Easy Office
LCI Learning

Deemed dividend.

This query is : Resolved 

16 October 2012
Query:

Loan, Advance, intercorporate deposit given by a private company to a listed public company. wherein there is a same shareholder where he holds 10% in the private company and almost 90% in public company.

kindly opine on the applicability of sec
2(22)e.

Regards,


Abhijit

16 October 2012 the same will be taxed as dividend in the hands of the shareholder
See Ankitech Case of DElhi HC in this regard
CA MANOJ GUPTA
JODHPUR
09828510543



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query