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When manufacturer buys raw materials and produce mobile phones and sell them to distributor can' t we call it as trade?


Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Inter

12K+

08-Jun-20 15:54

338

Answers (10)

Trading is only buying and selling.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

08-Jun-20 16:04

In the 5th question option D is all of the above. But here option D is different. Can't we say option C and D are correct as per this question

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Thread Starter

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Inter

12K+

09-Jun-20 08:55

What is a defunct company ? Any example for such company


Thread Starter

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Inter

12K+

09-Jun-20 09:09

Thread Starter

Prasanth kumar Kamisetty

What is a defunct company ? Any example for such company

A defunct company is one which has gone bankrupt and has no continuing operations


Sriram Somayajula

Sriram Somayajula

Admin

09-Jun-20 12:08

Sudha Reddy

Buying for self consumption is not trading

Sir is option D correct


Thread Starter

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Inter

12K+

09-Jun-20 13:25

Thread Starter

Prasanth kumar Kamisetty

Sir is option D correct

In the given question both c & d are correct. There is a mistake in question.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

09-Jun-20 13:33

When I asked option D as my first doubt i.e yesterday 12:40 p.m. you said trading meams only buying and selling.


Thread Starter

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Inter

12K+

09-Jun-20 14:42

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