Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

AS 9 prohibition on inter-unit transfers as sale

This query is : Resolved

Share Report Follow Query Ask a Query

Vinit Shah (Querist)
Follow

17 October 2008 please help me find out the reasons as to why inter-unit transfers are not recognised as sale because even if they are recognised as sale by one unit the other unit will recognise it as purchase only and thus how the profitability of the company as a whole is affected?

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
Follow

17 October 2008 Sale can be only between two different persons and not between the same persons. Transactions between various units of the same persons can not constitute sale.

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

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Tanuj Kumar Sharma

Tanuj Kumar Sharma

Pro Member Akhila Ajayan

Akhila Ajayan

Pro Member Vignesh Killur

Vignesh Killur

Pro Member Yugaindra Rana

Yugaindra Rana

Pro Member RAGHUNATH KASIBHOTLA

RAGHUNATH KASIBHOTLA

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

26 May 2026

CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details

ARTICLESHIP 23 May 2026

Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

07 May 2026

CA Assistant

amit desai and co

Mumbai

CA Final

View Details

ARTICLESHIP 14 May 2026

CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details

11 May 2026

CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

08 May 2026

Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details