Amount received from share holder other than share related
This query is : Resolved
14 August 2009
Is the amount received from the MD of a pvt ltd company for carrying on the day to day activities can be shown as a loan for the company from share holder???????
14 August 2009
That will be transaction with related parites and should be shown as loan from Directors.
14 August 2009
No it is a related part transaction
14 August 2009
is there any problem in showing that amount as a director's loan in BS.
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