A co has bought back 170 shares as on 31 march. Out if which only 100 were extinguished in the march and remaining 70 were extinguished in april. So as on 31st march what shall be the share capital of the company.will paid up capital be reduced by 170 in balance sheet as on 31 march. And the SHP filed by company as on 31 march reflects only the shares which were extinguished i.e. 100 shares not 170 shares.
Please guide as soon as possible as the balance sheet needs to be finalised on this matter.
CAclubindia
