Poonawalla fincorp
Poonawalla fincorp

Notes to account- sale of investment

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 August 2011 The private limited company has sold its investment ( shares in other company). How to give disclosure under notes to accounts.
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CS Bijoy

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CS Bijoy (Expert)
18 August 2011 Can u please clarify the question...

you required journal entry or the narration or the treatment of capital gain tax.
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
18 August 2011 Just give a note that The BOD has taken the resolution and during the year the invest in shares of ....company was sold for Rs..... (market value.....).
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