Related party

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bhargav (Querist)
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06 October 2012 Can any one tell me the parties covered u/s 40A(2)(b) for the partnership concerns.Please its urgent and Thanks

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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08 October 2012 1. All the partners.
2. Relatives of the partners.
3. Any concern(individual, firm, company, etc) which has a substantial interest in the firm.
4. Any director, member or partner (including their relatives) of the concerns mentioned in point 3.
5. Any concdern whose director, member, partner has a substantial interest in the firm.
6. Any concern in which the firm has a substantial interest.

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bhargav

bhargav (Querist)
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09 October 2012 Thank you Siddartha Bhardwaj.

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