TMI BlogDeemed dividend - If such loan or advance is given to such shareholder as a consequence of any further...Deemed dividend - If such loan or advance is given to such shareholder as a consequence of any further consideration which is beneficial to the company received from such a shareholder, in such case, such advance or loan cannot be said to a deemed dividend within the meaning of the Act - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|