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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Will easement rights granted to a director’s relative be deemed as related
party transaction?
Dear members,
Whether unsecured loans to directors are covered under related party transactions as per section 188 ?
Dear Members,
I am a party to a transaction/combination, do I need to report every such transaction to the Competition Commission of India or there are any exemptions to it?
Hi members!
Whether it is necessary to pass Board Resolution if a transaction is
transacted at arm’s length basis with a related party?
Dear All
Is there any specific format as per Schedule III of the Companies Act 2013 for disclosure of related party transactions in financial statements?
What is the scope of Prohibition of Benami Property Transactions Act, 1988?
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In XYZ Private limited and PQR Private limited having common directors and XYZ provide job work to PQR in March 2019.
This transaction covered under section 188 and related party transaction as directors having substantial interest in both companies.
Does both company should approved the RPT transaction by passing board resolution in march 2019
Dear Experts,
Kindly resolve the query. Private company is partner in 2 partnership firms. It has transactions such as advance receivables and payable. Any disclosures to be made in the directors report?
Dear Members,
A company in which 80% or more members in number are relatives of promoters or are related parties, are they eligible to vote being a related party?
Will there be a Central and State GST levied on all transactions in India?
Click here to view / answer Share it onDear All If any person, who have done some transactions before 2016, and now after coming this act into force, those transactions became Benami. My question is whether this Benami Act is applicable to those transactions happened before 2016 and, if Yes then, what will be the Consequences and Effects of this act on those Transactions (Penalty/Fine/Imprisonment). Whether there is any exemption available to Assessee???
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