Rule 11UAD - Prescribed class of persons for the purpose of section 50CA - Income-tax Rules, 1962
Extract
..... sidiary by an assessee, where,- (i) the Tribunal, on an application moved by the Central Government under section 241 of the Companies Act, 2013, has suspended the Board of Directors of such company and has appointed new directors nominated by the Ce .....
..... mpany holds more than half in nominal value of the equity share capital of the company; (b) "Tribunal" shall have the same meaning assigned to it in clause (90) of section 2 of the Companies Act, 2013.] ************* NOTES:- 1. Inserted vid .....