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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2012 Dear All,

Please let me known about which type of return i.e. Income Tax, TDS, ROC, RBI & etc are compulsory for NBFC Registered Limited Company.
Further Can a NBFC Registered Limited Company deals in immovable property sale purchase after amendment it main object of MOA.
CAN NBFC Registered Limited Company purchase a immovable Residential property/ Commercial & industrial Property.

14 April 2012 Eventhough a company is NBFC, that does not change its basic status of a company. Hence, it is required to file all returns like Income tax, TDS, with ROC, with RBI.
Also, the NBFC can deal with transactions relating to immovable property.


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