27 June 2016
Equity shares investments made by public company in its subsidiary as on 31.03.2016 amount of such investments will be paid with in 31st March -16 but at per ROC records shares title not yet transfer as on 31.03.2016 now the question arise such item of investment company whether it shown as a loans and advances or investment in subsidiary.
Please clarity with support to company and other concern allied laws.
CAclubindia
