Hi experts,
I have a doubt regarding revenue recognition in sale of shares.
When should we can recognise the income on sale of shares, we have sold(our share) Private limited shares to the promoters.
We have received full consideration, but tranfer procedures are pending.
To recognise income is it nessasary to get the shares registered in the name of transferee?
no not necessary if the event is about to complete (only if just formalties are pending)
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
KK & Company Chartered Accountant
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
