Which one of the following shall be treated as dividends
A. Amount paid to the shareholders on buy back of shares.
B. Dividend adjusted against loan given by a closely held company to its member having substantial interest treated as deemed dividend u/s 2(22)(e) earlier.
C. Distribution of shares to the share-holders on demerger of a company by the resulting company.
D. Distribution of bonus shares to preference shareholders.
Answer:D
Which one of the following shall be treated as dividends
A. Amount paid to the shareholders on buy back of shares. B. Dividend adjusted against loan given by a closely held company to its member having substantial interest treated as deemed dividend u/s 2(22)(e) earlier. C. Distribution of shares to the share-holders on demerger of a company by the resulting company. D. Distribution of bonus shares to preference shareholders.