Aop to become shareholder of a company formed u/s. 25
This query is : Resolved
09 December 2016
DOES AOP FORMED NOT FOR PROFIT ALLOWED TO BECOME THE SHAREHOLDER OF A COMPANY FORMED UNDER SECTION 25 ? IF YES WHAT WOULD BE THE TAX IMPLICATIONS? PLEASE GUIDE.
11 December 2016
Yes, it is allowed to be a share holder
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