Notes to account- sale of investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2011
The private limited company has sold its investment ( shares in other company). How to give disclosure under notes to accounts.
18 August 2011
Can u please clarify the question...
you required journal entry or the narration or the treatment of capital gain tax.
you required journal entry or the narration or the treatment of capital gain tax.
18 August 2011
Just give a note that The BOD has taken the resolution and during the year the invest in shares of ....company was sold for Rs..... (market value.....).
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