Share application money pending
Webb7 okt. 2016 · For the purpose of this Standard, share application money pending allotment or any advance share application money as at the balance sheet date, which is not … Webb13 okt. 2012 · The assessee filed return declaring income as NIL after claiming deduction under Section 10A for Rs.64,87,472/- The Assessing Officer found in the Balance sheet under Schedule 10 that the assessee has shown share application money received from Transecute India Private Limited (TIPL) of Rs.1.3 crores.
Share application money pending
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Webb25 jan. 2024 · Section 42 (5) mandates acceptance of share application money in the form of a cheque, draft or any other banking channel. Section 42 (6) mandates allotment of … Webb5 dec. 2024 · Where is share application money on balance sheet? In cases like this, until the shares are allotted, the amount received is shown under the Share Application …
Webb19 aug. 2024 · Time limits in the case of a wholly-owned subsidiary of a foreign Company. As per FDI Regulations read with FEMA, the share must be allotted against share … Webb(a) Share capital (b) Reserve and Surplus (c) Money received against share warrants 1 2 (2) Share application money pending allotment 3 (3) Non-current Liabilities (a) Long term borrowings (b) Deferred tax liabilities (net) (c) Other long term liabilities (d) Long term provisions 4 5 6 7
Webb27 mars 2024 · Computation of net worth excludes share application money pending allotment even if it is non-refundable in nature. As per the provisions contained in the Companies Act, 1956, net worth means the sum total of the paid-up capital and free reserves after deducting the provisions or expenses as may be prescribed. Webb23 apr. 2024 · It was held that an amount given as 'Share Application Money' cannot be treated to be a financial debt in order to trigger the Insolvency Process under Section 7 …
Webb13 apr. 2024 · (vii) any amount received and held pursuant to an offer made in accordance with the provisions of the Act towards subscription to any securities, including share application money or advance towards allotment of securities pending allotment, so long as such amount is appropriated only against the amount due on allotment of the …
Webb7 apr. 2024 · Share Application Money Pending Allotment means the amount received on the application on which allotment is not yet made (pending allotment). The process … fly2cn好用吗WebbShare Application Money Pending Allotment, iii. Non- Current Liabilities and iv. Current Liabilities Balance Sheet as at_______ Concept: Financial Statements of a Company Is there an error in this question or solution? Chapter 1: Financial Statements of a Company - Exercises [Page 64] Q 1 Prev Q 2 APPEARS IN green home building companiesWebb18 dec. 2024 · In cases like this, until the shares are allotted, the amount received is shown under the Share Application Money Pending Allotment. It comes under the head of the … fly2buildWebb31 juli 2024 · As is discernible from the records, the assessee company had during the year ended 31.03.2011 paid an amount of Rs. 23,01,70,000/- as share application money to … fly2cn 加速器Webb12 aug. 2024 · Share Application Money Pending Allotment 19-20 Financial Statements of Companies - YouTube Welcome You all the dear Students. We provide Free Online Classes for Complete … green home care servicesWebbshare application money in AY 2015-16. The provisions of section 56(2)(vii) of the Act are not applicable, as the taxpayer had submitted the valuation report, which was not accepted by the TO. Tribunal’s ruling allotted, the share premium Two portions of the share application money was received in AYs 2012-13 and 2013-14, respectively. fly 2 beWebb23 nov. 2024 · Section 42 (6) mandates allotment of shares within 60 days of receipt of share application money and if it is not allotted, money shall be refunded within 15 days. … fly 2 base