Holding Company
Adv.Shine Thomas
(Expert) 20 October 2008
'Holding'and 'subsidiary'companies are relative terms.A company is a holding company of another if the other is its subsidiary.Setting up of a holding company is one of the way of effective tax planing.
Manish Singh
(Expert) 21 October 2008
benefits in which aspect?
Manish Singh
(Expert) 21 October 2008
in taxation point of view- nothing if both the companies are in India.