Income-tax Act, 1961

Section - 92A - Meaning of associated enterprise

Meaning of associated enterprise.

92A. (1) For the purposes of this section and sections 92, 92B, 92C, 92D, 92E and 92F, "associated enterprise", in relation to another enterprise, means an enterprise-

(a)	-	which participates, directly or indirectly, or through one or more intermediaries, in the management or control or capital of the other enterprise; or
(b)	-	in respect of which one or more persons who participate, directly or indirectly, or through one or more intermediaries, in its management or control or capital, are the same persons who participate, directly or indirectly, or through one or more intermediaries, in the management or control or capital of the other enterprise.

(2) For the purposes of sub-section (1), two enterprises shall be deemed to be associated enterprises if, at any time during the previous year,-

(a)

one enterprise holds, directly or indirectly, shares carryi .... To read the full section download the app from Google Play store