1. Can a subsidiary company be a section 8 company?
2. Also can a subsidiary company of a international NGO in India be a Section 8 company?
1 Replies
Chirag
(Professional)
(1979 Points)
Replied 18 August 2022
Yes ,Many Companies Set Up Section 8 Companies For Philanthropic Purposes ,Mostly Due to CSR activities ,But section 8 companies can't give any return to members and purely for the purpose defined in act ;
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
