https://www.taxtmi.com/highlights?id=23347 Deemed dividend u/s 2(22)(e) - if the lending of money constitutes substantial part of business of the company, then the loan given by the company to its share holders cannot be considered to be deemed dividend under the provisions of section 2(22)(e) as the same fall under the exception mentioned in section 2(22)(e)(ii). - AT en-us Tue, 16 Jun 2015 08:53:26 +0530 Tue, 16 Jun 2015 08:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=23347 Deemed dividend u/s 2(22)(e) - if the lending of money constitutes substantial part of business of the company, then the loan given by the company to its share holders cannot be considered to be deemed dividend under the provisions of section 2(22)(e) as the same fall under the exception mentioned in section 2(22)(e)(ii). - AT Highlights Income Tax Tue, 16 Jun 2015 08:53:26 +0530 https://www.taxtmi.com/highlights?id=23347