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share application money

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(Querist)
04 July 2010 Please tell me ,
Share application money paid by a company to another company shall be disclosed under what heading :
Investment OR Loans & Advances,
I think Investment is correct.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
04 July 2010 Yes. You can show it under the head investment.
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Rahul Gupta

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Rahul Gupta (Expert)
04 July 2010 Agree. It will be shown under Investments.
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