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Share application money

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(Querist)
06 February 2012 should share application money received be shown as subscribed capital and issued capitalin Annual Return ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
07 February 2012 Please don't show as subscribed / issued capital in Schedule V ( annual return).
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Charu Srivastava

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Charu Srivastava (Expert)
07 February 2012 NO,
Share application Money is money received from the shareholders, which is either refunded back or issued share.It a laibailty on the Company.
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