Substantial interest holder definition

Substantial interest holder means a person who has actual
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Substantial interest holder means a person who has actual or potential influence over the management or operation of any driver training school. Evidence of substantial interest includes, but is not limited to, one or more of the following:
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Substantial interest holder means a person who has actual or potential influence over the management or operation of any organi- zation, association, or business entity. Evidence of substantial in- terest may include, but not be limited to:
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Examples of Substantial interest holder in a sentence

  • Note : Substantial interest holder refers to any person beneficially holding 20% or more of the equity capital (in case of a company) and 20% or more of share in profit (in any other case), at any time during the previous year.Considering the above provisions of section 40A(2), in respect of goods purchased from his father, amount paid in excess of the fair market value of the goods, i.e., Rs. 34,252 will be disallowed.

  • SUBSTANTIAL INTEREST : Substantial interest holder refers to any person beneficially holding 20% or more of the equity capital (in case of a company) and 20% or more of share in profit (in any other case), at any time during the previous year.IllustrationSM Ltd.


More Definitions of Substantial interest holder

Substantial interest holder means a person who has actual or potential influence over the management or operation of any organization, association, or other business entity.
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Substantial interest holder means a person who has
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Related to Substantial interest holder

  • Competitor means any company, other entity or association or individual that directly or indirectly is engaged in the Company’s Business.

  • body in which the relevant person has a beneficial interest means a firm in which the relevant person is a partner or a body corporate of which the relevant person is a director, or in the securities of which the relevant person has a beneficial interest;