As we all aware loan could be converted into equity shares but is it possible to convert the deposit into equity???
Menu
Conversion of deposit into equity
Replies (2)
no deposit cannot be converted into equity there are no relevant provisions for the same
But definition of deposit says it includes a 'loan' and there is provision for the conversion of loan into equity shares.
Recent Threads
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
Related Threads
CAclubindia
