Auditguru Auditguru Frequently Asked Questions(FAQ) Auditguru Auditguru
 Meet Us Here
Divya Hasija asked 1 year ago

Sir, in the ques of Glue Pvt. Ltd, the difference b/w fair value and consideration is less than 50,000. So, are we supposed to report it under clause 29B of form 3CD or we have to report only when the difference exceeds 50,000?

1 Answers
RaviRavi Staff answered 1 year ago

Only when difference exceed 50,000
and in that case we have to disclose whole value and not just amount exceeding 50,000

Call Back Request