GEORGE JOSEPH
( Practising CA)
(100 Points)
Replied 09 November 2012
Preetham, Caro order may be read with Sec4(7) of companies Act.Then we may have to take the conclusion that the private subsidiary company in question will eventually become the subsidiary of a public company and consequently a public company vide section 3(iv) of companies Act. Accordingly . CARO becomes applicable.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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