Monday, 21 July 2014

•Clarification on matters relating to Related Party Transactions [Circular No. 30]

There is a clarification from MCA in respect of related parties transaction. This will provide some relief to the operation of company. The link of notification is given below and the analysis of the same will be provided very shortly.

http://www.caalley.com/colaw14/Circular_No_30_17072014.pdf


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Supreme Court ruling holds non-compete fee is allowable as revenue expenditure

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