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Tax audit

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(Querist)
27 September 2014 what are the transaction included under section 40(a)2b?whether sister concern transaction should i take under this section?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
27 September 2014 Yes it should be taken on the basis of substantial interest in the company. Please see Specified Persons for the purpose of Section 40A(2)

http://www.charteredclub.com/section-40a2/

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