29 January 2012
Mr A & B are Common Directors in a two different Companies. Both the Companies are Manufacturing same Product which is Excisable. Presently 1st co in enjoying SSI Exemption Limit. My question is whether Turnover of 2nd Company is clubbed for calculating Exemption Limit of SSI by way of Common Directorship or Shareholding of common Director who are relative.
CAclubindia
