Allotment of shares other than consideration
This query is : Resolved
17 March 2012
We are going to use our parent company land for our manufacturing activity on 30 year lease basis for which we are going to issue shares to our parent company for the lease value.
Now my question is when the allotment will take place.
Can we give shares for the lease rent payable
Now my question is when the allotment will take place.
Can we give shares for the lease rent payable
17 March 2012
The abovementioned situation would amount to allotment of shares other than cash.
17 March 2012
For more info check the link below:
https://www.caclubindia.com/forum/article-allotment-of-share-for-consideration-other-than-cash-52680.asp
https://www.caclubindia.com/forum/article-allotment-of-share-for-consideration-other-than-cash-52680.asp
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
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
