Section 2(68)
harshit mehta (88 Points)
06 December 2020
limit of 200 members is cumulative limit for both equity and preference shareholders or individual limit?
1 Replies
Chirag
(Professional)
(1979 Points)
Replied 07 December 2020
Members include both Equity and Preference shareholder. So, limit is for both kind of Shareholder,subject to exception in 2(68).
Recent Topics
- 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
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
