Dear friends
After allottment of share as per CA 2013 can fund transfer from share application money a/c to company other a/c for utilisation of the money for business.
Dear friends
After allottment of share as per CA 2013 can fund transfer from share application money a/c to company other a/c for utilisation of the money for business.
Definitely yes. Otherwise for what purpose we have collected the money and where we will use it?
Yes you can do so.....
CAclubindia
