EASYOFFICE
EASYOFFICE

ransom money

This query is : Resolved 
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(Querist)
08 December 2008 as we all know that German Shipowner Paid Ransom to Somali Pirates
it is an illegal transaction if the same would happen in india so whwt would be the accounting treatment and what would be the type of expenditure

thanks
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Taranjit Singh

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Taranjit Singh (Expert)
14 October 2009 If this query is still pending, plz send me a PM.

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