Is there any limit for induction of capital say as compared to Loans or investments as per companies act for private company.
Menu
Capital Induction
Replies (2)
Lower limit- 1,00,000, AOA can specify higher limit
Upper limit- Not specified in act.
SOrry for PREVIOUS POST.
MINIMUM CAPITAL CAN BE 100,000 ONLY AS SPECIFIED. AOA CANNOT PRESCRIBE HIGHER LIMIT. I APOLOGISE FOR THE MISTAKE.
Recent Topic
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
Related Topics
CAclubindia
