Incase a person sells a part of his rights shares and subscribes to the remaining, what will be the treatment for recording the sales proceeds in the investment a/c? Will the amount be entered in the dividend column or amount column?
Menu
Accounting for investments
Replies (4)
What is this amount and dividend Colum?
Junior buildup knowledge marks are secondary
adamya i meant, does the amount come in INCOME column or AMOUNT column?
what is your feeling on treatment
According to me the amount should be recorded in the "amount" column. However in the Tulsian book its recorded in the "income" column.
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
