Devank Mahajan ( Mumbai )
06-Jan-2023 05:05 AM
Section 46&47 undervalued transaction
Is employee considered a non-related party in section 47? As it was mentioned before in section 43.
No, employee will not be considered a non-related party as the section does not have provision for same.
Answer given by Shubhamm Sir at 21-Jan-2023 04:07 AM