related party long outstanding balance

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related party long outstanding balance

Star
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09-30-2009, 06:13 PM

Dear,

I dont think that any risk lies in this matter. First the amount is payable by you to related party, if long outstanding, would be written back instead of write off with the approval of Board. It will become your income and taxed as per normal taxation Rules.

Regards,

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related party long outstanding balance - by hshamsi - 09-29-2009, 08:32 PM

[No subject] - by Star - 09-30-2009, 06:13 PM

[No subject] - by kamranACA - 09-30-2009, 09:40 PM

[No subject] - by hshamsi - 10-01-2009, 09:24 PM

[No subject] - by Star - 10-01-2009, 09:38 PM

[No subject] - by hshamsi - 10-01-2009, 09:55 PM

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