Jayanta Bandyopadhyay (298 Points)
09 April 2024Building of registered office of family owned business is owned by Unlisted Public Ltd co, whereas Land is owned by one Promoter.
Any impact in accounts - disclosure etc.
Please advise
Nikhil Kaushik
(Fellow CA)
(85706 Points)
Replied 09 April 2024
should not have any impact unless there is any transaction such as rent paid etc. In that case, it would be a related party transaction and relevant related party disclosures would have to be made.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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