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How to apply section 58A

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Mohammed Dalal (Chartered Accountant) (163 Points)
Replied 11 July 2011

Dear All,

Can HUF be considered as an relative of director.

Please Help with references

Thanks



Saroja (ACS Trainee) (903 Points)
Replied 10 August 2011

HUF not a Relative.


Raunak (CA Final) (227 Points)
Replied 17 September 2011

 pls read this :

https://yourcompanysecretary.com/circulars/S%2058%20A%20-%2058%20B.htm

 

and even this : 

 

https://legalsutra.org/268/an-analysis-of-the-legal-regime-of-company-deposits/

 

this wil really help..

 

Public means a section of public too...very very important..its in the circular.. 



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