https://www.taxtmi.com/circulars?id=10822 Loans advanced while a company was exempted under sub section (2) of section 370 are to be taken into account when computing the ceiling prescribed in the second proviso to sub section (1) of section 370; loans made during the exempted period are not excluded from the ceiling calculation. en-us Tue, 17 Jul 1973 00:00:00 +0530 Fri, 17 Jun 2011 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10822 Loans advanced while a company was exempted under sub section (2) of section 370 are to be taken into account when computing the ceiling prescribed in the second proviso to sub section (1) of section 370; loans made during the exempted period are not excluded from the ceiling calculation. Circulars Companies Law Tue, 17 Jul 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10822