This may sound a dumb question but a foreign company is incorporated under any company law of outside the india.
“company” means a company incorporated under this Act or under any previous company law;
any previous company law is of india??? Where is it written???
3 Replies
Dipesh Jha
(PRACTICE )
(673 Points)
Replied 11 February 2020
It is taking about Comapny Act 1956 and their previous company Act
Hiten Nagar
(8 Points)
Replied 12 February 2020
Here this act means companies act 2013(means this company was incorporated under companies act 2013), nd any another previous law here means that law , which was before the companies act 2013, for e.g companies act 1956..
Golu Bhai
(62 Points)
Replied 12 February 2020
Dear Harshit Mehta,
I hope you know there is something called "Interpretation of statutes".
You need not to do here literal construction rather you need to apply here reasonable construction.
If you didn't read that please go and read that then you'll get answer of your many questions on interpretation.
I hope you know there is something called "Interpretation of statutes".
You need not to do here literal construction rather you need to apply here reasonable construction.
If you didn't read that please go and read that then you'll get answer of your many questions on interpretation.
Recent Topics
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF UNCLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
