Hello All,
Mere fact that transaction is ordinary course and arms’ length can save a transaction for being categorized under 'purpose and effect' under RPT?
If a transaction is occurred not at arm's length basis, is it mandatory to disclose the same in AOC-2 even when no amount paid in advance involved ?
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Is board resolution also required for Related Party Transactions taking place on Arms Length Price also?
Anyone has format for Auditor certificate for Arm's Length Transaction with related party to be submitted with .