yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 19 April 2021
Level 3 companies which do not fall under level 1 & 2.
Level 1&2 belong to companies act companies
NGO - trust is from trust act, societies is from societies act, section 8 is from companies act. No mention of NGO directly as per the sources.
The problem is, we can’t classify anything not unless there is hard evid nice.
Prachi Bansal
(3129 Points)
Replied 19 April 2021
yes an evidence is really essential for the classification of companies into Levels
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
