Payment to specified person
This query is : Resolved
13 August 2015
A and B are brother both are running his separate business.
if in a year A paid VAT on behalf of B...
when I prepare audit report of A
can i consider or not this transaction under sec 40A(2)(payment to specified person) ?????
if in a year A paid VAT on behalf of B...
when I prepare audit report of A
can i consider or not this transaction under sec 40A(2)(payment to specified person) ?????
13 August 2015
No, This is Not affecting in Related party transactions
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