Please Help: Related party transactions
Posted Date : 30-Apr-2012 , 07:40:13 pm | Posted By Vikash Kumar Jha
Whether transaction between associates or fellow subsidiaries is said to be a related party transaction under section 40A(2)(b) of Income Tax Act
Category : Income Tax | Answers : 0 | Comments : 1 | Hits : 418
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Chetan
02-May-2012 , 03:20:39 pmNo. Associates and fellow subsidiaries are not related party as per section 40(2)(b) of IT Act.