Intercompany and intracompany
This query is : Resolved
ANSHUL ARORA
(Querist)
21 February 2015
what is intercompany and intracompany explanation with example?
CA Alexandar Gazi
(Expert)
22 February 2015
I am giving two examples-
A Ltd. having two sections
(1) Trading (2) Manufacturing
Any transaction between two sections is intra-company transaction.
There are two companies:
A Ltd. and B Ltd.
Any transaction between A Ltd. and B Ltd. is inter-company transaction.
A Ltd. having two sections
(1) Trading (2) Manufacturing
Any transaction between two sections is intra-company transaction.
There are two companies:
A Ltd. and B Ltd.
Any transaction between A Ltd. and B Ltd. is inter-company transaction.
Rupesh Jain
(Expert)
24 February 2015
ans is correct given by mr gazi
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