How to apply section 58A

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Dear All,

Can HUF be considered as an relative of director.

Please Help with references

Thanks

HUF not a Relative.

 pls read this :

https://yourcompanysecretary.com/circulars/S%2058%20A%20-%2058%20B.htm

 

and even this : 

 

https://legalsutra.org/268/an-analysis-of-the-legal-regime-of-company-deposits/

 

this wil really help..

 

Public means a section of public too...very very important..its in the circular.. 

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