Holding - subsidiary company
This query is : Resolved
15 January 2013
If A is holding company of B.
B & C holds more then 51% together in D,
Is D subsidiary of A
B & C holds more then 51% together in D,
Is D subsidiary of A
Guest
Guest
(Expert)
15 January 2013
d is subsidiary of A only when either B or B and A jointly hold more than 50% share in (equity) in D.
and keep in mind there is no criteria of 51% holding
it is simply more than 50% holding
and keep in mind there is no criteria of 51% holding
it is simply more than 50% holding
Message likes :
1 times
15 January 2013
so it does not matters if b and c holds more then 50% in A
The criteria is D should be subsidiary of B or C individually
The criteria is D should be subsidiary of B or C individually
Guest
Guest
(Expert)
15 January 2013
yes, but you have wrote A, in your reply
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
