Related party transaction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 March 2015
A Pvt Ltd & B Pvt Ltd are related parties. B Pvt Ltd's 100% income comes from services provided to A Pvt. Ltd. What are the provisions & Compliance that needs to be followed in this regard under Companies Act 2013.
Thanks & regards....
Thanks & regards....
19 March 2015
https://taxguru.in/company-law/related-party-transactions-rpts-section-188-companies-act2013-2nd-amended-rules2014.html
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CA AnKiT BoHrA (AB)
(Expert)
20 March 2015
specially take care to nil the closing balance as its march ending.. so u must hve zero outstanding balance at the year end...
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