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    <title>Exemption to Section 8 Companies under section 462 of CA, 2013</title>
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    <description>The notification amends prior exemptions under section 462 to exempt clause (b) and the first proviso to sub section (1) of section 149 from applying to Section 8 companies, inserts a proviso to sub section (7) of section 186 excluding its application where a company with substantial government shareholding makes loans for industrial research and development in furtherance of its objects, and conditions all tabled exceptions on the Section 8 company having no default in filing financial statements under section 137 or annual return under section 92 with the Registrar.</description>
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    <pubDate>Tue, 13 Jun 2017 00:00:00 +0530</pubDate>
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      <title>Exemption to Section 8 Companies under section 462 of CA, 2013</title>
      <link>https://www.taxtmi.com/notifications?id=120215</link>
      <description>The notification amends prior exemptions under section 462 to exempt clause (b) and the first proviso to sub section (1) of section 149 from applying to Section 8 companies, inserts a proviso to sub section (7) of section 186 excluding its application where a company with substantial government shareholding makes loans for industrial research and development in furtherance of its objects, and conditions all tabled exceptions on the Section 8 company having no default in filing financial statements under section 137 or annual return under section 92 with the Registrar.</description>
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      <pubDate>Tue, 13 Jun 2017 00:00:00 +0530</pubDate>
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