40a(2)
This query is : Resolved
29 September 2012
if there r 2 co. A nd B . A IS HOLDING COMPANY OF B.
NOW FOR THE PURPOSE OF SEC 40A(2)
B(NOTE I AM ASKING ABOUT B)WOULD BE RELATIVE OR SPECIFIED PERSON FOR A CO.????
PLZ REPLY
NOW FOR THE PURPOSE OF SEC 40A(2)
B(NOTE I AM ASKING ABOUT B)WOULD BE RELATIVE OR SPECIFIED PERSON FOR A CO.????
PLZ REPLY
01 October 2012
Relative as defined in income tax is restricted to natural person and hence it wud be covered in specified person
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Booth for sales promotion
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- FEMA regulation Act. for inward remitance
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
