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Trade or non-trade investment?

This query is : Resolved 

28 May 2013 Sir/Madam

Whether investment in subsidiaries, associates and joint ventures is trade investment or non trade investment?

Thanks in advance

29 May 2013 Investment in subsidiaries,associates and joint ventures is a trade investment.

22 June 2013 Incase the investments are quoted in any capital markets they are trade investment otherwise non trade




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