Investments by exempted companies are covered under the section even after cessation of exemption

Investments by exempted companies are covered under the section even after cessation of exemption https://www.taxtmi.com/circulars?id=10780 Investments made by companies falling within the enumerated exemptions remain subject to the provision's regime even after cessation of exemption; inter corporate investments entered into while exempt continue to be governed on cessation, and the administrative instructions applicable under the corresponding Company Law provision are to be applied mutatis mutandis to such investments. en-us Mon, 01 May 1967 00:00:00 +0530 Thu, 16 Jun 2011 19:08:00 +0530 TaxTMI RSS Generator Investments by exempted companies are covered under the section even after cessation of exemption https://www.taxtmi.com/circulars?id=10780 Investments made by companies falling within the enumerated exemptions remain subject to the provision's regime even after cessation of exemption; inter corporate investments entered into while exempt continue to be governed on cessation, and the administrative instructions applicable under the corresponding Company Law provision are to be applied mutatis mutandis to such investments. Circulars Companies Law Mon, 01 May 1967 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10780