Sister concern
This query is : Resolved
01 December 2014
Can partnership firm & HUF be included in definition of sister concern of a company?
01 December 2014
both are not company so how can they be sister concern and in legal terms there is no definition of sister concern as per co act 2013 there is either holding co, subsidiary co, joint venture or associate co etc so u need to be very precise.
01 December 2014
Sister Concerns means organisations under the same management. Where the important decisions(control and management) are taken by a person or group of persons managing one or more organisations.
Read more at: https://www.caclubindia.com/forum/sister-concern-30252.asp#.VHwJudKUdA0
This was the definition given by an expert and according to the definition it has been stated as organisations. so can HUF & partnership firm be included in that?
Read more at: https://www.caclubindia.com/forum/sister-concern-30252.asp#.VHwJudKUdA0
This was the definition given by an expert and according to the definition it has been stated as organisations. so can HUF & partnership firm be included in that?
01 December 2014
but under present companies act 2013 or even any other act there is no defintion as such and even in the link which u mentioned above doent provide for any refrence of any act by replier - mr deepak gujrati...
in case of same owners the entity whether huf or firm are onwed by 1 person
in case of same owners the entity whether huf or firm are onwed by 1 person
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- Applicable TDS for Purchase of Flat from NRI
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- ITR validation error - Balance sheet is not filled
- Form 10BD Filling
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
