Relative party transaction

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 October 2014 when a partner having interest @20% in the two different firms and thes two firms are under audited and they are doing purchase sale transaction to each otherive party . is it cover under relative party transaction ?

20 October 2014 this is in reference to transfer pricing?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 October 2014 1. from 44ab audit point and also
2.fr transfer pricing

23 October 2014 covered under both.......

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 October 2014 can guide with section

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 October 2014 will you confirm the % whether this is 20% or 25%?

21 July 2025 Thresholds and Confirmation
The 26% threshold is generally for transfer pricing applicability.
For audit related party transaction disclosure, 20% interest is sufficient to consider related parties.
You may want to confirm exact shareholding percentages and other relationships.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query