Reduction of share Capital
This query is : Resolved
08 August 2009
A company has reduced its share capital
and as reduced the no of shares A shareholder possessing 1900 shares were reduced to 95 shares so what will be the cost of 95 shares if the shareholder is selling that 95 shares
and as reduced the no of shares A shareholder possessing 1900 shares were reduced to 95 shares so what will be the cost of 95 shares if the shareholder is selling that 95 shares
08 August 2009
There is no need to pass any entry as there is no transaction to be recorded. Increase/decrease in value is not a transaction When the shares are sold only you can account for the profit/loss on sale of investments
08 August 2009
agree
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
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Copyright software
- Multiple trade mark
- LC charges in relation to Asset purchased should be Capitalised ?
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Transporter Declaration form
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
