11-09-2003, 07:24 AM
Dear Usman,
If a company sells cars whose price is Rs.500,000/-, and if that company sells that car to its associate at a price below Rs.500 K, then this transaction will not be called arms length trasaction,
and if it sells it at the same price which is offered to anybody else, then it will be called "Arms Length Transaction"
got that ???
S M R
If a company sells cars whose price is Rs.500,000/-, and if that company sells that car to its associate at a price below Rs.500 K, then this transaction will not be called arms length trasaction,
and if it sells it at the same price which is offered to anybody else, then it will be called "Arms Length Transaction"
got that ???
S M R