Meaning of cumulative share holding as mentioned in mgt-9
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 May 2015
Dear Professional Colleague, I have one query regarding Annual Return to be filed in MGT-9.
In MGT-9 the Shareholding Pattern in Clause (iii) Change in promoters Shareholding, it is ask for 'Cumulative Share Holding During the Year'. What does it mean total share holding or any other issue.
In MGT-9 the Shareholding Pattern in Clause (iii) Change in promoters Shareholding, it is ask for 'Cumulative Share Holding During the Year'. What does it mean total share holding or any other issue.
27 May 2015
Dear This can be explained with the help of an example.
Suppose shareholding at beginning of FY was 100 after one month inc. of 20 shares and then after two months decrease in 35 shares.
So,
1. At beginning :- 100
2. After one month :- inc. 20; cumulative 120(100+20).
3. After two month:- dec. 35; cumulative 85(120-35)
4. At the end of year:- 85
Suppose shareholding at beginning of FY was 100 after one month inc. of 20 shares and then after two months decrease in 35 shares.
So,
1. At beginning :- 100
2. After one month :- inc. 20; cumulative 120(100+20).
3. After two month:- dec. 35; cumulative 85(120-35)
4. At the end of year:- 85
Message likes :
4 times
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
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- GST not cancelled by tenant
- Goods sold but invoice not issued
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
