https://www.taxtmi.com/circulars?id=10929 The circular clarifies that, for the statutory test of government ownership or control, nationalised banks, public life and general insurance entities, and a national development finance bank are to be regarded as owned or controlled by the Central Government; it excludes certain cooperative and private development and investment institutions and states that the enumerated list is illustrative rather than exhaustive. en-us Fri, 11 Feb 1977 00:00:00 +0530 Fri, 17 Jun 2011 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10929 The circular clarifies that, for the statutory test of government ownership or control, nationalised banks, public life and general insurance entities, and a national development finance bank are to be regarded as owned or controlled by the Central Government; it excludes certain cooperative and private development and investment institutions and states that the enumerated list is illustrative rather than exhaustive. Circulars Companies Law Fri, 11 Feb 1977 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10929