Conceptual clarity


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08 July 2016 Is there any difference between private co and co in which public are not substantially interested ?

08 July 2016 in majority of the cases....NO.....both are same.
Private company is the word commonly used under Companies Act while the other one is commonly used in Income Tax Act

08 July 2016 Thank you Sir. Regards,

11 July 2016 you are most welcome.


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