As per section 194 -Dividend to Resident.What is the difference between deemed dividend under section 2(22)(e) AND any other dividend.
Shyam Kanabar (Article) (160 Points)
07 January 2012As per section 194 -Dividend to Resident.What is the difference between deemed dividend under section 2(22)(e) AND any other dividend.
CA Ketan Waghela
(Partner at Elite Educare)
(356 Points)
Replied 07 January 2012
Shyam ji,
Deemed dividend u/s 2(22) (e) is taxable in the hands of shareholder (recipient) whereas other dividends is exempt in the hand of shareholder but taxable to the companies.
Please refer to the following link to understand sec. 2(22)(e)
/articles/deemed-dividend-section-2-22-e-of-income-tax-act-1961-6121.asp
or
refer to the file attached.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
