Hi, Please tell me:
A Ltd is the holding company and B ltd is subsidiary company
A ltd is holding 90% shares in B ltd.
B ltd has no members who have more than 10%. But A ltd, who is the holding company of B ltd has 3 members who has shares more than 10%.

Is there a need to file ben-2 with respect to below explanation as per section 90 CA, 2013?


*Non-Applicability
The above rules shall not apply to such shares of the reporting entity as held by the following entities:
Holding company of the reporting entity. However, the details of the holding company shall be reported in Form No. BEN-2*

Explanation III - For the purpose of this clause, an individual shall be considered to hold a right or entitlement indirectly in the reporting company, if he satisfies any of the following criteria, in respect of a member of the reporting company, namely: -

(i) where the member of the reporting company is a body corporate (whether incorporated or registered in India or abroad), other than a limited liability partnership, and the individual,

(a) holds majority stake in that member; or

(b) holds majority stake in the ultimate holding company (whether incorporated or registered in India or abroad) of that member;

Hi,

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CMA DATA agro service 5years

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I am taking home loan to purchase on registry with name of my Father and Mother.
I want to know will I get the tax benefit

Dear sir,
i have issued invoice on gst no. which is not active.please advice me where to show this invoice in gstr-1
with thanks

Hello Sir
Pl let me know the maximum limit of gift to my NRI brother in his NRE Account in USA..
REGARDS
Sanjay

Respected Experts

I need advise for the following

We are selling the car to another person with loss against WDV as per Income Tax Act.
Now question is If I make invoice than GST will not applicable than I have to show the invoice in GSTR 1 & GSTR3B ? or I make invoice with different series of invoice & sales value show at the time of GSTR9 & 9C ?

My company is Private Limited company.

Your early & positive response shall be highly appreciated.

Can we use CA logo in our name plate if we are CA not in practice but in employment?

A son bought flat by loan in the name of his mother. Now the mother got notice asking for the source of income. She is a single mother and a housewife. No ITR was filed as she earns zero income. What can be the solution now?