40a(2)

This query is : Resolved 

29 September 2012 if there r 2 co. A nd B . A IS HOLDING COMPANY OF B.
NOW FOR THE PURPOSE OF SEC 40A(2)
B(NOTE I AM ASKING ABOUT B)WOULD BE RELATIVE OR SPECIFIED PERSON FOR A CO.????
PLZ REPLY

30 September 2012 KOI TOH REPLY KARO

01 October 2012 Relative as defined in income tax is restricted to natural person and hence it wud be covered in specified person




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