DEEMED DIVIDEND U/S 2(22)(E)

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..... DEAR ALL, IF A PVT. LTD. CO. GIVES UNSECURED LOANS TO ANOTHER PVT. LTD. CO. OR P'SHIP FIRM IN WHICH SHARE HOLDER OF THE PVT. CO. IS ALSO SHARE HOLDER OR PARTNER IN OTHER PVT. CO/FIRM TO WHICH LOAN .....

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..... IS GIVEN. IS THIS TRANSACTION ATTRACTS PROVISION OF SEC 2(22)(E). IS THERE ANY EXCEPTION...? PLS. REPLY - Reply By GOPALJI AGRAWAL - The Reply = In such case, the shareholder in loan giving .....

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..... company must hold at least 10% equity shares beneficially in loan giving company and substantial interest i.e. 20% equity shares beneficially or 20% income incase of partnership. If these conditions a .....

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..... re not met out then provisions of section 2(22)(e) would not be attracted. - DEEMED DIVIDEND U/S 2(22)(E) - Query Started By: - JAYUL DANECHA Dated:- 17-9-2010 Income Tax - Got 1 Reply - Income Tax - .....

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..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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