holding and subsidiary company.
This query is : Resolved
19 October 2010
can a subsidiary co and holding co issue shares to each other at premium. wat is the procedure. what are the practical implications.
20 October 2010
Yes
Procedure is the same like in ordinary course you issue the shares at premium.
In my knowledge, thereis no tax implication.
Procedure is the same like in ordinary course you issue the shares at premium.
In my knowledge, thereis no tax implication.
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