Deemed Dividend under Section 2(22)(e)

Neethi V. Kannanth , Last updated: 16 April 2021  
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Section 2(22)(e) states that any payment by a company, not being a company in which the public are substantially interested, of any sum (whether as representing a part of the assets of the company or otherwise) made after the 31st day of May, 1987, by way of advance or loan to a shareholder, being a

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