can a expense paid by a shareholder, on behalf of the company be treated as share money advance?
for ex. audit fee of a company, paid by the director cum shareholder, through his personal sb a/c cheque?
CA B Anand (CHARTERED ACCOUNTANT) (198 Points)
24 June 2010can a expense paid by a shareholder, on behalf of the company be treated as share money advance?
for ex. audit fee of a company, paid by the director cum shareholder, through his personal sb a/c cheque?