Monday, February 16, 2015

[aaykarbhavan] Effect of Consolidated Balance Sheet on Income Tax Assessment



As per newly inserted section 129 in the Companies Act 2013 we have to prepare a Consolidated Balance Sheet in case we have some associates and joint ventures.

Would like to know whether this will have any income tax liability upon incorporating the profit and loss of the associates/joint ventures

Regards
 
Rakesh Kr Baid


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Posted by: Rakesh Baid <rakesh_baid@yahoo.com>


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