TMI BlogDeemed Dividend - section 2(22)(e) of the Act covers only such situations, where the shareholder alone...Deemed Dividend - section 2(22)(e) of the Act covers only such situations, where the shareholder alone benefits from the loan transaction, because if the company also benefits from the said transaction, it will take the character of a commercial transaction - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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