Section 297
This query is : Resolved
01 December 2011
Please tell me that there are two private ltd companies both are subsidiaries of a public ltd company, whether section 297 is applicable or not?
as section 297 is not applicable in case ot two public ltd companies
as section 297 is not applicable in case ot two public ltd companies
01 December 2011
No
Private ltd companies which are subsidiaries of a public ltd company, are treated as public ltd companies within the meaning of section 3(1)(iv)(c). Hence section 297 would not be applicable.
RG
Private ltd companies which are subsidiaries of a public ltd company, are treated as public ltd companies within the meaning of section 3(1)(iv)(c). Hence section 297 would not be applicable.
RG
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
