number of limits- urgent
This query is : Resolved
13 January 2008
Pls suggest whether a private company which is subsidiary of public company should be considered for calculation of ceiling limit under section 224(1B).
If no why ?
and if yes why ?
If no why ?
and if yes why ?
13 January 2008
ICAI has clearly stated that one practising member is allowed 30 companies including private and public company. Hence in this case 2 separate companies are counted.
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