Hi Friends,
Can any of you confirm the following :
It is not necessary that the current Selling price of a share to a Non Resident should be higher than the price at which the same shares were sold to another non resident ?. (CCI Guidelines are taken care of)
CCI guidelines have been replaced in favor of DCF method wef April 10 wherein the selling value should be more than value determined by DCF method.
Abic and Mani Chartered Accountants
Kottayam
B.Com
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RMA And Associates LLP
New Delhi
CA Inter
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Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
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AJAY SINGH AND CO LLP
Thane
CA Final
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CCI
Pro
CAclubindia
