Related party
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 January 2013
X co. holding 30% of shares in A 'co' and A co. holding 70% of shares in B co. and Y co. holding 30% of shares in B co. Sir now tell me whether X & Y co. are related to each other in this way or not. If yes then please tell me the treatment for it and If its no then Why?? Thank you in advance sir.
23 January 2013
as X co doesn't control B co. because it has only 30% shares in A co. and there is no associate relationship in X and Y also. So X Co. and Y Co. is not related as per AS 18
23 January 2013
https://www.caclubindia.com/articles/a-small-note-on-related-party-disclosure-16357.asp#.UP_lCvJ480M
perhaps it will help
perhaps it will help
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- TDS Challan Code
- SGST balance is there in credit ledger how to adjust for cgst
- CCFS 2026 Schemed
- E way bill for tractors
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
