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Related party transactions

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(Querist)
01 June 2016 Whether related party includes associate's subsidiary??
(Suppose A has 25% in B, and B has 100% holding in C..,i.e.,B is associate of A and C is subsidiary of B.,whether C is associate of A??)
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Mandar

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Mandar (Expert)
01 June 2016 It can be as per Section 2(76)(vii)

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