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.
ACS Gurminder Dhami
(Expert)
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
