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Related Party Transactions ( RPT) : whether 10% of the turnover threshold is to be calculated : (a) With reference to RPT contract wise or related party wise ? (b) Turnover to be taken as sale of goods and sale of services together or only on relevant turnover ? (c)Turnover means as shown in P & L A/c or as per definition in Section 2(91) according to which it should be on the basis of realization ?

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Posted By: Manouj agrawaal, fca, partner 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


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Pramod Prabhudesai
B D Jokhakar & Co

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