19 December 2008
In Private Company for How much Period can we retain Share application Money received from Relatives and others........ and IF So When ever Cash Become Negetive company can show Share application money received and then when cash surplus available they can refund them
28 December 2008
My dear student This is not a proprietor / partnership structure. Pls dont try this tactics else you with your client / employer will be in problem
CAclubindia
