Hi,
Can a subsidiary in USA of an Indian Company invest in a holding company's customer???
If yes, are there any monetary restrictions as to how much can be invested?
Is section 186 of 2013 Act applicable here?
Please help..
Menu
Subsidiary investing in holding company's customer
Replies (2)
If foreign subsidiary is not an investment company, Sec.186 will not be applicable in this case.
Im sorry but it is still unclear..What is an investment company?? In my case the subsidiary just wants to invest in the parent's customers. Will that be a problem?
Recent Topics :
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
Related Topics :
CAclubindia
