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?
Dear All,
If a transaction is done with the sole or primary intent of benefiting a related party, and such, related party has deliberately concealed the transaction, is it not a case of a fraudulent transaction?
Hello Professionals
Whether a lending transaction would fall under the definition of digital lending only if all the processes in the life cycle of a loan, viz., customer acquisition, credit assessment, loan approval, disbursement, recovery, and associated customer service, are carried out digitally or some of the aforesaid processes can be carried out in physical mode also?
Hello all,
Q.10 An individual buys a car for personal use and after a year sells it to a car dealer. Will the transaction be a supply in terms of CGST/SGST Act?
Hello Everyone!!
What is Gross value of the transaction as per AS-18 (If applicable)
Hi Everyone,
Will the following person is considered as a Related Party in a Private Company:
1. Private Trust who is a shareholder of the Pvt Company
2. Public Trust who is a shareholder of the Pvt Company
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 ?
Click here to view / answer Share it onAn employee who is also a relative of a director is proposed to be paid a
hefty bonus by the company. Examine whether such payment of bonus will be treated as a related party transaction?
Dear Members!
Will easement rights granted to a director’s relative be deemed as related
party transaction?
Dear Members!
Mr. ‘X’ who is a promoter/director of a listed company is proposed to be appointed as WTD/CEO of the Company in terms of Sections 203, 196, 197, 198 and Schedule V of the Companies Act, 2013. Mr. X is also relative of other 2 promoter Directors of the Company. Would the appointment of Mr. X attract the provisions of Section 188(1)(f) i.e. whether holding position as WTD would tantamount to holding of office or place of profit.
What did you mean from the word ‘ordinary course of business’ under section 188 of Companies Act 2013?
Click here to view / answer Share it onDear members,
Whether unsecured loans to directors are covered under related party transactions as per section 188 ?