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Share alloted other than cash.

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(Querist)
17 July 2010 Directors have been alloted shares for the payments done on behalf of the company of company's expense.....
Do this shares alloted should be treated as shares alloted other than cash....
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
17 July 2010 No. It is treated as against cash.

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