9911796707
TMI BlogMeaning of BODY CORPORATE FOR RCM ?X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, What is present definition of BODY CORPORATE for RCM Purpose ?? Whether AUTONOMEOUS BODY incorporated under special act of parliament is body corporate for RCM purpose ? - Reply By Rajagopalan Ranganathan - The Reply = Sir, According to Section 2 (11) of Compaznies Act, 2013 ,'body corporate means body corporate or corporation includes a company incorporated ou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tside India, but does not include- (i) a co-operative society registered under any law relating to co-operative societies; and (ii) any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification, specify in this behalf. Since body corporate is not defined in Finance Act, 1994 definition of body corporate provided in Copmpaniews Act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 2013 can be adopted. - Reply By Rajagopalan Ranganathan - The Reply = Sir, The term autonomous body denotes a self governing body, independent, or subject to its own laws. If autonomous body or institution is a company, it is regulated by the company law. If it is a society, it is governed by the law on registration of societies. But in both the cases, its own board of directors can s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pecify the rules of business for the body/institution. For simplicity sake, normally the boards of such bodies or institutions adopt the rules of the concerned Government or department under which they work, but only by passing of a resolution to that effect. - Reply By KASTURI SETHI - The Reply = Autonomous body is not body corporate. For e.g. Punjab University, Education Board, Housing Board, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... PGI etc. are autonomous bodies and they are not body corporates. I have given examples in support of reply Sh. R.Ranganathan, Sir. - Reply By abbas mukhi - The Reply = THANK YOU.... - Meaning of BODY CORPORATE FOR RCM ? - Query Started By: - abbas mukhi Dated:- 26-4-2016 Service Tax - Got 4 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
