Inter company loans

s.sainarayanan (COMPANY SECRETARY) (38 Points)

12 August 2011  


 

 
 





 

 


---

 

 

 
Dear Collegues,

INTERCOMPANY LOANS BETWEEN PVT COMPANIES WHICH ARE HAVING HOLDING AND SUBSIDIARY RELATION

Please confirm that   above loans   are  exempt and that it will not become DEEMED DIVIDEND as there are common directors and that no DDT (divident distrubiton tax is payable in this regards..
 
thanks and regards,
 
CS S.S.NARAYANA