Section 2 (22) (e)

Digpal Singh Rathod (Owner) (25 Points)

10 September 2010  

Company has taken building of director on rent and given him Deposit for the same. Company is not paying rent for the same but adjusting deposit against rent. There is agreement in place for rent. please let me know whether the same is deemed dividend as per Sec 2 (22) (e) with reasons.