Share Application money pending allotment - Ind-AS/ IFRS

CA Anuj Agrawal , Last updated: 24 February 2017  
  Share


It is quite common where an entity provides some amounts as Share Application Money for the sake of allotment of such shares in future. The amount in substance will be advance given for such investment and the entity is waiting for the same to be converted into an Equity in future. Now, there was a

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Join CCI Pro

Published by

CA Anuj Agrawal
(IFRS/ GST Professional)
Category Accounts   Report

  8781 Views

Comments


Related Articles


Loading