Menu
query on section 8 company
does section 8 companies issue shares?
Replies (6)
It doesn't
why not??🤔🤔🤔🤔
bcoz it run their business only for charitable purpose
then why we say that section 8 company having share capital?
yes...... it can have shares and issue shares
but no profit is given to share holders
i never heard a concept that section 8 company cannot issue shares
but no profit is given to share holders
i never heard a concept that section 8 company cannot issue shares
so company raises capital by issue of shares nly
but won't distribute dividend. it collects nly funds and donations.
but won't distribute dividend. it collects nly funds and donations.
Recent Topic
- 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
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
