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can company build house for director
i need clarification regarding any tax implication or repoting requirements if company whose object clause is construction of building can make contract with director to build house under normal course of business
Replies (1)
Yes, if board approves such contract and company shall charge same cost charged to others and if he has any interest should disclosed as per section 184..
Director should be the owner of the land..
Director should be the owner of the land..
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