Transfer of assets to company

Pvt ltd 543 views 1 replies

Is there any limitations/procedure prescribed in companies act, regarding directors/members transfer there assets to a company ? please explian and quote any sections for reference and also pls tell me the tax implications

Early reply appreciated.

Thanking u

Replies (1)

Check whether it comes under related party transaction. Read AS -18 and section 297 to 300.


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