Definition of company and Indian company as per Tax law mcq notes



Posted on 08-05-2016        By ADMIN



Definition of company and Indian company as per Tax law mcq notes

 Company *sec 2(17) : “Company” means Indian company; or any body corporate incorporated by or under the laws of a country outside India; or any institution, association or body, declared by general or special order of the Board to be a company for specified assessment years.  

Indian company *sec2(26): “Indian company” means a company formed and registered under the companies act, 2013  and any previous law includes statutory corporation; and any institution, association or body declared by the board to be a company, if the registered/ principal office of the company, corporation, institution, association or body is in India.  




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