Section-58a of companies act 1956
This query is : Resolved
04 January 2012
xyz ltd has given loan to abc ltd. the directors of both the company are same. and the moa of xyz ltd contains a clause of deposits as per sec-58A.in such a situation pls advice:
whether it cover under sec-372A or sec-58A?
what to do if moa contains such clause...as the company was earlier a investment company but now it is not...is the moa should be altered??
there is also a sale and purchase transactions between the company...whether it cover in any section
whether it cover under sec-372A or sec-58A?
what to do if moa contains such clause...as the company was earlier a investment company but now it is not...is the moa should be altered??
there is also a sale and purchase transactions between the company...whether it cover in any section
05 January 2012
372A shall be applicable.
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- 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 ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
