Balance Sheet Abstract

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CS Vandana Kacholia (Querist)

31 July 2009 In Balance Sheet Abstract part we have to show capital raised during the year so in that particular heading what will be shown in private issue column i.e. increase in authorised capital or no. of shares allotted during the year??

Suppose Company A has increased its share capital on may 2002 say increase of Rs. 50 lac and allotment was done in dec 2003 of 49 lac then for the year 2002-03 what will i show in abstract part??

what if company is showing 49 lac as a share application money in 2002-03??

Please suggest

Thanks & Regards
Vandana Kacholia

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)

31 July 2009 If application money recd in 2002-03 agaisnt increase of share capital , then it is correct to show it as share application money in 2002-03.

When Share alloted, then it reduced by such amount .

CS Vandana Kacholia

CS Vandana Kacholia (Querist)

31 July 2009 Thanks A lot but clarify me on one more thing that can i show that share applicaton money as a private issue for the year 2002-03

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