Whether Micro finance is eligible for 12 A Registration ?
JAISON JACOB . K (Sr.Audit Manager ) (167 Points)
18 June 2011Whether Micro finance is eligible for 12 A Registration ?
SUDHIR & PRADEEP JI
(CA FINAL+LLB + DISA)
(2299 Points)
Replied 18 June 2011
Dear Freind
Provide some more details about ur query
kanagaraj
(CHARTERED ACCOUNTANT)
(793 Points)
Replied 18 June 2011
Dear Jacob,
If the trust deed contains the business clause normally 12 A will not be allowed.
CAclubindia
