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Negative list of service

This query is : Resolved 

10 December 2013 negative list of services introduced in finance act 2013 and total negative list of service

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.

10 December 2013 Read your articles on it.

10 December 2013 For 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.


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