Hi,
Can a subsidiary in USA of an Indian Company invest in a holding company's customer???
If yes, are there any monetary restrictions as to how much can be invested?
Is section 186 of 2013 Act applicable here?
Please help..
Menu
Subsidiary investing in holding company's customer
Replies (2)
If foreign subsidiary is not an investment company, Sec.186 will not be applicable in this case.
Im sorry but it is still unclear..What is an investment company?? In my case the subsidiary just wants to invest in the parent's customers. Will that be a problem?
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
