Hi Friends for Sweat Equity Shares which accounting standard is applicable
Pls tell me
Pemmasani Purushotham (M.B.A, C.A.Final) (418 Points)
05 January 2009Hi Friends for Sweat Equity Shares which accounting standard is applicable
Pls tell me
CA. ANKUR JAIN
(CA.....)
(2800 Points)
Replied 05 January 2009
hellowwwww,
i think in case of sweet equity shares no special AS is applicable ....
and
company act will be applicable......
Mayank Mehta
(Student)
(383 Points)
Replied 05 January 2009
ya company act norms are applicable for Seety equity share not any of the AS
gourav
(student)
(113 Points)
Replied 05 January 2009
Sweat Equity share can be issued as per section 79A of the companies act, 1956 and guidelines issued by SEBI in this regard.
There is no seperate accounting standered for accounting of sweat equity shares.
Suvendu Laha
(CA SERVICE AT TULSYAN GROUP OF INDUSTRIES)
(106 Points)
Replied 06 January 2009
Dear,
There is no Specified Accounting Standard regarding Sweat Equity Share.
CAclubindia
