investments
This query is : Resolved
08 September 2009
1. what is meant by the cost of acquisition of the shares?
2. why is nominal value of the shares, debentures always Rs.10/- or Rs.100/-?
2. why is nominal value of the shares, debentures always Rs.10/- or Rs.100/-?
08 September 2009
Cost of Acquisition means, the cost at which we actualy acquire from Share Market(For Shares) e.g. RIL @ 2014/- p.s so that would be the aquisition cost of that particular share.
The Nominal Value need not be Rs.10/- or Rs.100/- it could be any amount as stipulated by the company and approved by the Roc.
The Nominal Value need not be Rs.10/- or Rs.100/- it could be any amount as stipulated by the company and approved by the Roc.
10 September 2009
to add, cost of acquisition is the consideration paid in cash or money equivalent of the payment in kind added with directly attributable expenses related to the acquisition.
nominal value can be any amount except fraction of a rupee.
nominal value can be any amount except fraction of a rupee.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Supply through E-commerce Operators
- TDS Claim year
- TDS Challan Code
- Rent lease agreement
- Relief u/s Section 89
- REGARDING SECTION 44AE
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Merchant Export Accounting
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- GST ON DAMAGED GOODS
- REGARDING GST LIABILITY/....
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
