Govind
This query is : Resolved
Sandeep Dharar
(Expert)
27 June 2015
Lup sum means aggregate. Like at the time of issue of the company takes shares application money, allotment money and final call money, this is installment and if the company take the whole amount one time then its lump sum.
Ankur Garg
(Expert)
30 June 2015
Agree with the reply posted by learned expert.
The term Lump sum denotes "at one place". Usually this word is used for monetary things like money.
Thanks
The term Lump sum denotes "at one place". Usually this word is used for monetary things like money.
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
