Section 297 applicability to sale of scrap
This query is : Resolved
Sangeet Hunjan
(Querist)
06 May 2009
Hello
Could anyone please let me know whether Section 297 would be applicable to sale of scrap between twoprivate companies with common directors?
Thanks
Could anyone please let me know whether Section 297 would be applicable to sale of scrap between twoprivate companies with common directors?
Thanks
CA MEENAKSHI MANGLA
(Expert)
06 May 2009
IN SECTION 297 WORDING USE " FOR THE SALE, PURCHASE OR SUPPLY OF ANY GOODS, MATERIALS OR SERVICES."
PHRASE USE "ANY" SO I THINK SALE OF SCRAP SHOULD BE COVERED IN SECTION 297
PHRASE USE "ANY" SO I THINK SALE OF SCRAP SHOULD BE COVERED IN SECTION 297
Ankur Garg
(Expert)
10 May 2009
Agree with Meenakshi.
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