SECTION 2 22(E) DEEMED DIVIDEND

Saurav (CA) (211 Points)

08 August 2020  

X company has shareholding in Y company 6% but they have common(Rajesh) shareholder having shareholding 30% in both company

X company has taken loan from Y company upto accumated profit whether section 2 22(e) attract to company Y  beacuse of having common shareholding of rajesh