treatment of fractional entitlement of shares

This query is : Resolved 

04 July 2011 what is the treatment for fractional entitlement recd at the time of amalgamation, whether the same will be treated as long term or short term.

04 July 2011 date of orignal shares would be effective, divide the original value with gross shares alloted including fraction to get the COA of franction entitlement.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query