Negative list of service
This query is : Resolved
Mahesh Mahida
(Querist)
10 December 2013
negative list of services introduced in finance act 2013 and total negative list of service
kshemankari
(Querist)
10 December 2013
sir please clarify my doubt regarding payment of interest on share application money in private limited company is mandatory or it is according to articles of association and please mention the relevant section.
Ajay Mishra
(Expert)
10 December 2013
Read your articles on it.
Ganeshbabu K
(Expert)
10 December 2013
For negative list
..
.
refer
https://www.dateyvs.com/service-tax/taxability-of-a-service/services-in-negative-list/
..
.
refer
https://www.dateyvs.com/service-tax/taxability-of-a-service/services-in-negative-list/
19 July 2025
No, it is not mandatory to pay interest on share application money in a private limited company, unless:
The Articles of Association (AoA) specifically provide for such payment, or
There is an express agreement or arrangement between the company and the applicant.
The Articles of Association (AoA) specifically provide for such payment, or
There is an express agreement or arrangement between the company and the applicant.
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