Cash paid to share holder and received from them by company
This query is : Resolved
28 May 2011
It is possible for a company that company received in cash from share holder and vice versa.
kindly reply.
with regards,
sudip
kindly reply.
with regards,
sudip
CA MANOJ GUPTA
(Expert)
28 May 2011
1. IF IT IS ONE OFF TRANSACTION THEN NO PROBLEM SEE 52 ITD 504
2. IF IT IS A REGULAR PRACTICE THEN SECTION 269SS MAY BE INVOKED SEE 49 ITD 566
CA MANOJ GUPTA
JODHPUR
09828510543
2. IF IT IS A REGULAR PRACTICE THEN SECTION 269SS MAY BE INVOKED SEE 49 ITD 566
CA MANOJ GUPTA
JODHPUR
09828510543
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