Whether loan from director is atransaction covered under 301?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 23 August 2009
Check my expert sction relpy
jugal chandak
(article)
(48 Points)
Replied 26 August 2009
yes, section 301 cover the cases of 297 and 299 further 297 attracted when director took loan from co (however it has certain exception)
Originally posted by :gaurav | ||
" | Whether loan from director is atransaction covered under 301? | " |
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)