LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Official gazette

UNNATI BHOJAK (chartered accountant) (162 Points)

24 June 2011

hello all,, i would like to know that there are various provisions in various laws which says..... AS NOTIFIED BY CENTRAL GOVERNMENT IN OFFICIAL GAZATTE"

e.g. as per section 2 of unit trust of india (Transfer of undertaking & Repeal )Act, 2002.. SPECIFIED COMPANY means co. formed under companies act and whose entire capital is subscribed by such financial institution or banks as may be specified by the CENTRAL GOVERNMENT BY NOTIFICATION IN OFFICIAL GAZETTE for the purpose of transfer and vesting of undertaking..

now i want to know the name of the company is included under this category.... SO HOW CAN I KNOW THIS..

PLEASE ITS VERY URGENT...THANK U IN ADVANCE

Reply
Follow
Share

3 Replies

CA.VATSAL SHAH (SERVICE) (202 Points)
Replied 24 June 2011

Originally posted by : UNNATI BHOJAK
	hello all,, i would like to know that there are various provisions in various laws which says..... AS NOTIFIED BY CENTRAL GOVERNMENT IN OFFICIAL GAZATTE" e.g. as per section 2 of unit trust of india (Transfer of undertaking & Repeal )Act, 2002.. SPECIFIED COMPANY means co. formed under companies act and whose entire capital is subscribed by such financial institution or banks as may be specified by the CENTRAL GOVERNMENT BY NOTIFICATION IN OFFICIAL GAZETTE for the purpose of transfer and vesting of undertaking.. now i want to know the name of the company is included under this category.... SO HOW CAN I KNOW THIS.. PLEASE ITS VERY URGENT...THANK U IN ADVANCE

pls specify notification no and who issues notification.?

UNNATI BHOJAK (chartered accountant) (162 Points)
Replied 24 June 2011

sir, its bare act wordings... i dont have notification no.

i just wanted to check whether dividend received by me was exempt or not for that i verifed Exemtpin u/s 10(34/35).. in that i came across INCOME IN RESPECT OF UNITS FROM A SPECIFIED COMPANY... now i checked for specified company which is as per section 2 of unit trust of india (transfer of undertaking and repeal ) Act, 2002.. in that i read that definition and had this question...

Section 2 " specified company means a company to be formed and registered under the companies act and whose entire capital is subscribed by such financial instituion or banks as MAY BE SPECIFIED BY THE CENTRAL GOVERNMENT BY NOTIFICATION IN THE OFFICIAL GAZETTE for the purpose of transfer and vesting or the undertakin.

thank u ....