Investment in shares and MFs
This query is : Resolved
29 August 2007
Whether Co-operative societies(to be specific, the Societies registrered under Karnataka Souharda Sahakari Act,1997) can invest in Shares of companies listed on Recognised stock exchange or Mutual funds?
29 August 2007
Whether Co-operative societies(to be specific, the Societies registrered under Karnataka Souharda Sahakari Act,1997) can invest in Shares of companies listed on Recognised stock exchange or Mutual funds?
30 August 2007
No they can't invest in these modes vide sec. 18 of Karnataka Souharda Sahakari Act,1997
02 September 2007
Then, what are the securities mentioned under sec.20 of Indian Trust Act? As per sec.18 of Karnataka Souharda Sahakeri Act,1997, sahakari can invest its excess funds in the securities specified u/s 20 of Indian Trust Act. Whether Shares and Mutual Funds are covered u/s 20 of Indian Trust Act?
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
