Sec 295

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sumit

sumit (Querist)
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12 February 2010 Loans given by Public subsidary company to private holding company come under sec 295

Please reply.

CS Pawan Kumar Baid

CS Pawan Kumar Baid (Expert)
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13 February 2010 It would be covered under this section. Private company which is not subsidiary of publich company is exempted from this provision.

Regards

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