CCI Online Coaching    |    x

SISTER CONCERN COMPANY

This query is : Resolved 
 

(Querist)
26 September 2008

what is the meaning of SISTER CONCERN COMPANY under the income tax act?

what is the procedure for that?


S.Srinivasaraghavan (Expert)
26 September 2008

Actually it is a loosely worded term to denote a subsidiary or a holding or associate concern. No definition in IT Act.

Taxguy (Expert)
26 September 2008

It usually refers to a group company if common directors are involved in the business.



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :






close x