Is section 274(1)(g) applicable for companies incorporated under Section 25 ? (i.e, Chamber of commerce etc)
CA.ANINDYA BASU (Profession) (37 Points)
15 January 2010Is section 274(1)(g) applicable for companies incorporated under Section 25 ? (i.e, Chamber of commerce etc)
Amir
(Learner)
(4016 Points)
Replied 15 January 2010
Dear Anindya,
I think if Sec 25 Company is a
1) Private Company(which also not a subsidary of a public co.) then NO, 274(1)(g) is not applicable
2) Public Co then YES it is applicable
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 15 January 2010
Yes, Section 274(1)(g) applies to all Public Companies. Section 274 does not distinct section 25 companies.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
