DEAR FRIENDS PLEASE ADVISE ME IF FATHRE GIFT TO HIS SON 5000 QTY. PVT LTD SHARES @ 0 COST BUT THE FATHER HOLD THE ABOVE SHARES @ Rs.5.00/- & HOW TO ACCOUNTING THE FATHERS SHARE VALUATION.
Menu
Share gift
Replies (1)
Gift Exps. A/c or Drawing A/c Dr 5000/-
To Eq. Share A/c 5000/-
Recent Topics :
- Section 56(2)(x)(xi) applicability to compensation
- How to claim exempt income u/s 10(26) in ITR-1 of
- 63053900 tax rate
- Clubbing of deceased's income
- Which ITR to use
- Sovereign gold bond capital gain
- In TDS section no column for relationship in itr
- Query related to agricultural income of Trust
- Full & Final Settlement — what changed u
- Capital gains or losses when new equity was issued
Related Topics :
CAclubindia
