Articles on Deemed Dividend

Now pay 30% tax on LOAN given to Company’s owner

Now pay 30% tax on loans given to Company’s owners – DDT on Deemed dividends

By Paras Mehra February 8, 2018

Do you know if the company lends any amount to the company’s owner, the same is treated as income in the hand of shareholders and company is required to pay 30% dividend distribution tax (commonly known as “DDT”)?

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