Networth

This query is : Resolved 

07 May 2013 Need clarification if Share application money pending allotment forms part of Networth of a company.

Networth of a company needs to be computed to ascertain applicablilty of Cost records and cost compliance under CARR 2011. Please advice if Share Application Money Pending allotment forms part of networth of a company in this respect.

07 May 2013 YA, it form parts of net worth of a company.



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