section 295

This query is : Resolved 

04 June 2009 i do audit of limited compnay which has subsidairy co. but in f.y.2008-2009 now it is not subsidairy co. i give loan to it now requried to take apermission of central gov. for giving loan

09 June 2009 Hello Reena,

Not able to understand your problem correctly. Can you please elaborate with some example by using A ltd. or B ltd etc.

Regards

11 June 2009 if the loan is given when it is a subsidiary u need not take the CG approval...

If u r giving loan nw afresh u hav to take if such loan is covered by section 295(1)(d) or (e)

rgds

Vivek


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details