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CAPITAL INTODUCTION BY DIRECORS
CAN DIRECOR INTRODUCE CAPITAL IN CASH AT THE TIME OF INCORPORATION OF THE COMPANY?
Replies (2)
Yes, but as per your B/S shown in ITR.
HI NITESH SIR,
YES, A DIRECTOR CAN BRING CAPITAL AT THE TIME OF INCORPORATION OF COMPANY AS ONE HAS TO RUN THE COMPANY WITH THE CAPITAL. AND DIRECTORS ARE THE PROMOTORS OF COMPANY SO THEY HAVE TO BRING MONEY .
BUT AS PER BALANCE SHEET SHOWN IN INCOME TAX RETURN FILE. THQNK YOU
YES, A DIRECTOR CAN BRING CAPITAL AT THE TIME OF INCORPORATION OF COMPANY AS ONE HAS TO RUN THE COMPANY WITH THE CAPITAL. AND DIRECTORS ARE THE PROMOTORS OF COMPANY SO THEY HAVE TO BRING MONEY .
BUT AS PER BALANCE SHEET SHOWN IN INCOME TAX RETURN FILE. THQNK YOU
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