Share alloted other than cash.
This query is : Resolved
17 July 2010
Directors have been alloted shares for the payments done on behalf of the company of company's expense.....
Do this shares alloted should be treated as shares alloted other than cash....
Do this shares alloted should be treated as shares alloted other than cash....
CA. B.SRINIVASULU
(Expert)
17 July 2010
No. It is treated as against cash.
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