Sale of assets to wholly owned subsidiary

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Sale of assets to wholly owned subsidiary

Star
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02-25-2010, 02:47 PM

Dear All,

Are the provisions of section 97 of ITO are obligatory to follow or optional?

Can assets be sold to wholly owned subsidiary at fair value and loss or gain can be recognised?

Pleased comment.

Regards,

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Sale of assets to wholly owned subsidiary - by Star - 02-25-2010, 02:47 PM

[No subject] - by faisal_desperado - 02-25-2010, 06:02 PM

[No subject] - by Star - 02-26-2010, 03:51 PM

[No subject] - by faisal_desperado - 03-04-2010, 03:33 AM

[No subject] - by Star - 03-04-2010, 07:39 PM

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