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Reporting about sec 301 in audit report

This query is : Resolved 
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(Querist)
09 September 2010 Is loan taken by a private ltd co. from directors or his relatives to be recorded in register for sec 301???
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Jagruti (CS)

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Jagruti (CS) (Expert)
09 September 2010 Yes, it need to be registered under Sec 299

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