are directors covered under perview of sec 40(2) related parties even if there holding in the company is less than 20%?
are directors covered under perview of sec 40(2) related parties even if there holding in the company is less than 20%?
If the holding is less than 20%, then Directors will not be covered u/s 40A(2).
Regards,
Devendra
Thank you
CAclubindia
