Related party

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15 February 2014 my question is as under-
suppose father and other persons are director in company A.
son & some other persons are director in company-B.
No shareholders are common in both the companies.

now are these two companies are related to each other

15 February 2014 answer me as per income tax act

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15 February 2014 No they are not at all related to each other..




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