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Section 297 Applicability , Includible & Excludible

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(Querist)
05 June 2010 Dear All,
Is Section 297 Applicable to Cost Sharing / Resource Sharing Between Group companies (All Pvt Companies)

According to me it would be applicable as reimbursment by one company to anoter is for Goods And Services Only.
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Rasesh

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Rasesh (Expert)
05 June 2010 Agree with your view. It would be covered under Sectio 297.

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