Sister concern
This query is : Resolved
24 January 2009
What is the meaning of Sister concern under IT Act & Companies Act, Please give me detail.
27 January 2009
THEIR IS NO ANY DEFINATION GIVEN IN COMPANIES ACT AND INCOME TAX ACT OF SISTER CONCERN.
HOWEVER THE DEFINATION OF RELATED PARTIES AND SPECIFIED PERSONS ARE GIVEN IN THE STATUE.
FOR RELATED PARTY PLEASE REFER SEC. 295/296/299/297/300 OF CO. ACT AND AS-18.
FOR SPECIFIED PERSONS PLEASE REFER SEC 40A 2(b) OF INCOME TAX ACT.
HOWEVER THE DEFINATION OF RELATED PARTIES AND SPECIFIED PERSONS ARE GIVEN IN THE STATUE.
FOR RELATED PARTY PLEASE REFER SEC. 295/296/299/297/300 OF CO. ACT AND AS-18.
FOR SPECIFIED PERSONS PLEASE REFER SEC 40A 2(b) OF INCOME TAX ACT.
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
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Rental income gst and it purpose
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Gift Received from nonblood relative
- EPF FULL & FINAL RULES IN 2026
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
