banner_ad

Journal entry

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 September 2011 what is the Journal Entry if Share Alloted on Premium
Profile Image

CA Sumat Singhal

Profile Image

CA Sumat Singhal (Expert)
23 September 2011 Share allotment DR
To Share Capital

Bank DR
Securities Premium DR
To Share Allotment.
Profile Image

mint

Profile Image

mint (Querist)
24 September 2011 thanks for the reply one more question is there any capital tax on that premium
Profile Image

CA Pushpendra Gaur

Profile Image

CA Pushpendra Gaur (Expert)
29 September 2011 well the above entires are required to be passed in reverse manner first entry for recipt of allotment or application money than allotment entry if all amount is called in once
Profile Image

CA Pushpendra Gaur

Profile Image

CA Pushpendra Gaur (Expert)
29 September 2011 there is no capital tax on the amopunt of the receipt
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details