Can a director of private limited company sale his personal property to its comapny in which he is acting as director ? If yes can the sale consideration be in form of issue of preference shares ?
Regards,
Vaibhav
Menu
Transaction with director
Replies (1)
YES FOR BOTH QUESTIONS
Recent Topics :
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
Related Topics :
CAclubindia
