Statement of financial transaction

Jaya (Chartered Accountant) (64 Points)

27 May 2017  

Case:

A company issued shares amounting Rs. 1900000 in F.Y 16-17 but the company is going to receive amount  in F.Y 2017-18. Now, whether company is require to report this transaction in FORM 61A or Not?

If ans of above ques is affirmative then how the transaction details will be provided as company has not received the amount in F.Y 2016-17.?

Kindly answer.