Applicability of sec 297
This query is : Resolved
26 April 2008
X a public ltd (holding company) purchased goods worth Rs.5 lacs from Y a subsidiary Co. Is it necessary to obtain permission from Central government u/s 297
kindly explain.
kindly explain.
26 April 2008
Download the file https://www.caclubindia.com/share_files/files_download.asp?files_id=5462
Check list on Section 297
Check list on Section 297
26 April 2008
PUBLIC CO. TO PUBLIC CO. TRANSACTIONS ARE NOT ATTRACTED BY SEC 297.
HOWEVER IF THERE IS AN INTERESTED DIRECTOR,DISCLOSURES UNDER SEC 299 AND NON VOTING ON CONTRACT UNDER SEC 300 APPLY.
R.V.RAO
HOWEVER IF THERE IS AN INTERESTED DIRECTOR,DISCLOSURES UNDER SEC 299 AND NON VOTING ON CONTRACT UNDER SEC 300 APPLY.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Annual return in Gst
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
