https://www.taxtmi.com/notifications?id=115966 The Regulations insert a definition of Group company into Regulation 2, defining it as two or more enterprises which, directly or indirectly, can either (i) exercise twenty-six per cent or more of voting rights in the other enterprise, or (ii) appoint more than fifty per cent of members of the board of directors of the other enterprise; and state the Regulations are deemed to have come into force from June 3, 2013 with a clarification that no person will be adversely affected by the retrospective effect. en-us Fri, 04 Oct 2013 00:00:00 +0530 Fri, 18 Oct 2013 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=115966 The Regulations insert a definition of Group company into Regulation 2, defining it as two or more enterprises which, directly or indirectly, can either (i) exercise twenty-six per cent or more of voting rights in the other enterprise, or (ii) appoint more than fifty per cent of members of the board of directors of the other enterprise; and state the Regulations are deemed to have come into force from June 3, 2013 with a clarification that no person will be adversely affected by the retrospective effect. Notifications FEMA Fri, 04 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=115966