I am working with Municipal Corp. Of Greater Mumbai. Also A CS student.
I have query regarding Subsidiary company. We provide octroi exemption to companies as per relevent section of MCGM. However in a case there is Octroi tax amount is pending on parent company. We have a check system where we stop the facility of exemption to co if any previous due is there. However in many cases tax is pending on one sompany and other companies of same group or subsidiary is asking for exemption citing they r different co under company law.
But if same promoter ./ group is defaulter in a case can we legally stop this facility for subsidiary or group co whwre promoters have stake or where all promoters are same?
What r other ways we can make them to pay?
CAclubindia
