Treatment of security premium
This query is : Resolved
16 November 2013
Someone plzzzzz tel me.
While converting debentures into equity shares, if company will issue shares at premium.
What is treatment of that premium.
Any answers other thn security premium?
16 November 2013
Go to the following link:
https://www.caclubindia.com/experts/issue-of-shares-at-premium-505760.asp#.UocT4RenyVE
https://www.caclubindia.com/experts/issue-of-shares-at-premium-505760.asp#.UocT4RenyVE
16 November 2013
no. the said amount premium shall be treated as securities premium only and the accounting shall be done in the same manner as Ajay ji suggested in the link post.
18 November 2013
agree with nikhil
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