Menu
Related party transaction
The transaction done by Director with trust which was created for the benefit of director, then whether it will be treated as Related Party Transaction or not?
Replies (1)
No, it will not be Covered. Kindly refer section 2(86) of Companies Act 2013, which deal with the defination of related party along with section 188(1) which deals with Related Party Transaction
Recent Topics :
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
Related Topics :
CAclubindia
