Company deposit (intersting case )plzzzzzz help
This query is : Resolved
11 March 2010
My client (pvt co) has taken deposits from employees deposits.
1) In case accident occours in a company 2) company can take OD against that deposits & can satistfy the claim
3) Thus any interest recieved will be paid to employees only
4) Company will bear the OD interest
Question is,
Whether my client is covered under sec 58A
If Yes or No pls provide relevant para for my reference to principal.
1) In case accident occours in a company 2) company can take OD against that deposits & can satistfy the claim
3) Thus any interest recieved will be paid to employees only
4) Company will bear the OD interest
Question is,
Whether my client is covered under sec 58A
If Yes or No pls provide relevant para for my reference to principal.
13 March 2010
Is any one there to help meeeeeeeeee. plsssssssssssss helppppp
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