Loans to Shareholders as Deemed Dividends u/s 2(22)(e) of Income Tax Act to Prevent Tax Avoidance.

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....Deemed dividend addition u/s 2(22)(e) - it is only where a loan advanced by a company to registered shareholder and other conditions set out in section 2(22)(e) are satisfied, such amount of loan would be liable to regarded as deemed dividend within the meaning of the said section - AT....