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Exemption to Government Companies under section 129(6) of Companies Act, 2013 from recognizing Deferred Tax Assets/ Deferred Tax Liability under AS-22/Ind AS-12

Companies Law - F. No. 17/32/2017-CL-V - S.O. 529(E) - Dated:- 5-2-2018 - MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th February, 2018 S.O. 529(E).- In exercise of the powers conferred by sub-section (6) of Section 129 of the Companie .....

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] with effect from the 1st April, 2017, to a Government company which:- (a) is a public financial institution under sub-clause (iv) of clause (72) of section 2 of the Companies Act, 2013; (b) is a Non-Banking Financial Company registered with the Res .....

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