Share application money is part of net worth
This query is : Resolved
26 June 2012
Whether share application money is part of net worth or not. if yes is there any case law on this.
26 June 2012
If share application money is not refundable, then it is part of networth.
This is also supported by the classification requirements under revised schedule VI.
This is also supported by the classification requirements under revised schedule VI.
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