Re: [aurangabad_ca] QUERY REGARDING SHARE WARRANT
Dear Dipesh,
Pl inform how the company has earned the surplus and to which Account it has been credited.
In my opinion surplus is capital profit to be directly credited just like share premium Account.
Pl help me with above to help You.
thnks,
CA R B JOSHI
On 12/28/09, Dipesh Parmar <dip.osho@yahoo.co.in > wrote:
DEAR ALL MEMBER,
I HAVE QUERY REGARDING SHARE WARRANT AS UNDER:
---> X LTD. ISSUE SHARE WARRANT AND AFTER TWO YEAR, COMPANY HAS FORFEITED THE SHARE WARRANTS. AND ON WHICH, COMPANY HAS EARNED PROFIT OF Rs. 2 LACS. SO, MY QUERY IS THAT WHETHER SUCH PROFIT WILL BE TREATED AS BUSINESS PROFIT OR CAPITAL PROFIT? AND WITH THIS REGARDS, IF THERE IS ANY JUDGEMENT IS THERE IN INCOME TAX THEN PLEASE ALSO SEND ME THE SAME.
REPLY ME AS EARLY AS POSSIBLE. AS FOR SUCH CASE, NOTICE HAS BEEN ISSUED BY INCOME TAX DEPARTMENT.
THANKING YOU
DIPESH PARMAR
The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.
__._,_.___
DISCLAIMER
AURANGABAD_CA is a Yahoo Group for the benefit of CA and other professional. It is especially meant for written discussion within group members and circulate the information among its members. The mail may contain such research/advice/opinion/information/fact provided by any member or moderator and every contain of the mail or information of yahoo is always subject to the Accuracy and of the description of facts.
The Aurangabad_CA , its moderator/owner do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant fact(s).
Considering all above facts m the transaction based on above mail may not complete without confirming proper statue/authority/person. Therefore any action/transaction taken on basis of this mail do not imply the accuracy or value . Further this Group's Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Yahoo Group.
For Seeking any Clarification you may mail only to Group Moderator on
girishkulk@gmail.com
AURANGABAD_CA is a Yahoo Group for the benefit of CA and other professional. It is especially meant for written discussion within group members and circulate the information among its members. The mail may contain such research/advice/opinion/information/fact provided by any member or moderator and every contain of the mail or information of yahoo is always subject to the Accuracy and of the description of facts.
The Aurangabad_CA , its moderator/owner do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant fact(s).
Considering all above facts m the transaction based on above mail may not complete without confirming proper statue/authority/person. Therefore any action/transaction taken on basis of this mail do not imply the accuracy or value . Further this Group's Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Yahoo Group.
For Seeking any Clarification you may mail only to Group Moderator on
girishkulk@gmail.com
MARKETPLACE
.
__,_._,___
0 comments:
Post a Comment