Co. A (Pvt.) give its car on rent to Co.B. (Public)
X is director in both the companies. Will it be covered in section 297?
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Applicability of section 297
Replies (1)
In my opinion, giving car for rent will not amount to sale of goods, material and service. Therefore section 297 will not apply. However sec 299 will apply.
Regards
Malav
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