Easy Office
LCI Learning

Director's debit balance

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 November 2012 Director's A/c shows a debit balance. Income Tax officer treated as Deemed Dividend & Instruct to pay the TDS. Is it Correct way??
Profile Image

CA VISHNU GAVKARE

Profile Image

CA VISHNU GAVKARE (Expert)
23 November 2012 yea. Any payment to director if company has profit then it will be deemed dividend.

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


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links