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Subsidiary as per sec 4

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(Querist)
12 July 2012 Holding company is incorporated outside India. Subsidiary co. is incorporated in India. Whether Subsidiary co. is a subsidiary as per sec 4 ?
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
31 July 2012 Yes as per section 4(6)

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