{"id":18247,"date":"2021-05-15T20:29:07","date_gmt":"2021-05-15T14:59:07","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=18247"},"modified":"2021-05-17T19:08:02","modified_gmt":"2021-05-17T13:38:02","slug":"deemed-dividend-on-inter-corporate-deposits-and-debentures","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/deemed-dividend-on-inter-corporate-deposits-and-debentures\/","title":{"rendered":"Whether deemed dividend provision is applicable when debentures are issued ?"},"content":{"rendered":"<p>When a private limited company makes an inter-corporate deposit with another sister company where a common shareholder holds more than 20% in both companies, whether provisions of deemed dividend u\/s 2(22)(e) are applicable? What would be the implication of deemed dividend if debentures are issued by one company and subscribed by the other sister company?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[29],"qa_category":[23],"qa_tag":[111,90],"class_list":["post-18247","qa","type-qa","status-publish","hentry","qa_expert-advocate-rahul-hakani","qa_category-income-tax","qa_tag-debentures","qa_tag-deemed-dividend"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/18247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18247"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18247"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=18247"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=18247"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=18247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}