Discussion Topic: “Statutory Defintions” Discussion

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GATE Interview Questions

IIT JEE Interview Questions

Discussion Topic: &#8220;Statutory Defintions&#8221;

Discussion Questions:

Q1     Is it correct that a loan or an advance by a private 
limited company to a shareholder of the company is 
considered as payment of dividend? Explain your views.

Q2     Will a loan or advance by a private limited company 
to its holding company be considered as payment of dividend 
if the subsidiary possesses sufficient amount of 
accumulated profits?


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