Under section 2, definition of small company excludes a holding company or a subsidiary company.
Does that mean none of the subsidiary companies and holding companies can be a small company?
your view is correct, neither holding company nor subsidiary company od another company can be classified as small company.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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