269SS/269ST of IT ACT 1961
Whether provisions of 269SS/269ST are applicable to transactions between Firm & Partners. (ex. Remuneration, capital induction, etc) above the limits.
Answer the questionprovisions of section 269SS are not applicable; However 269ST will attract in case of transactions between Firm and Partners.
Regards CA Raman Seth
ca88seth@yahoo.co.in
provisions of section 269SS are not applicable; However 269ST will attract in case of transactions between Firm and Partners.
Regards CA Raman Seth
ca88seth@yahoo.co.in