Valuation of Shares
This query is : Resolved
09 September 2010
While calculating valuation of shares on the event of winding up, the surplus assets / funds should be distributed among the shareholders either on the basis of paid up value of each share or face value?
Financial Management logic says paid up value should be used. But the paid up & face value may be different when voting power is concerned.
Financial Management logic says paid up value should be used. But the paid up & face value may be different when voting power is concerned.
24 September 2010
Hi Mahazir, we always get return / refund in proportion to our invt. which here is paid up value of the share.
Hence assets will be distributed on the basis of paid up value.
Regards, CA Shakuntala Chhangani
Hence assets will be distributed on the basis of paid up value.
Regards, CA Shakuntala Chhangani
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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Grand in aid
- Accounting with Claude
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
