Deemed Dividend U/s 2(22)(e)

bishnu_bhuwalka2001@yahoo.com (bishnu_bhuwalka2001@yahoo.com)   (30 Points)

21 January 2020  

Mr.A is a share holder (8%) in A Ltd. A Ltd has given loan to B Ltd. Mr A also holds 23% shares of B Ltd. will this transaction be regarded as deemed dividend