Loans to Director etc. under section 185 (Omitted)
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....>1[***] -------------------- Notes:- 1. Substituted vide Not. 1/32/2013- CL-V Part - Dated 18-3-2015, before it was read as, "principle" 2. Omitted vide Not. G.S.R. 971(E) - Dated 14-12-....
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.... holding company in respect of loan made by any bank or financial institution to its subsidiary company is exempted from the requirements under this section: Provided that such loans made under sub-r....


TaxTMI
TaxTMI