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    Related Party Transaction

    Posted By : SHALU / Published on : 08-Sep-2021 11:39 AM / View : 422 / Comment : 0

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    Dear Learned Members,

    ABC Pvt Ltd have Husband and wife two directors, now his son (doing graduation) who is major shareholders (95%) in the company developing some products in the company. Now the company decided to give him a salary of Rs. 25,000/- per month. Whether this transaction will fall under related party transaction?
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