TMI Blogfunds received for the purpose of shares but booked as income in the boos of accountsX X X X Extracts X X X X X X X X Extracts X X X X ..... funds received for the purpose of shares but booked as income in the boos of accounts ? what is the steps need to take on into book as per the actual purpose ? - Reply By MARIAPPAN GOVINDARAJAN - The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply = Your query is not clear. The amount received for shares could not be the income. Whether you want to reverse the booking? - Reply By Ganeshan Kalyani - The Reply = Need more clarity in y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... our query. - Reply By RameshBabu Kari - The Reply = We received the funds from US in usd for the purpose of purchase of shares but the fund so received was treated in the books of accounts as income ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .Please guide to make corrective steps in this regard. What are the correcting ways for that ? - funds received for the purpose of shares but booked as income in the boos of accounts - Query Started ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By: - RameshBabu Kari Dated:- 22-4-2017 FEMA - Foreign Exchange Management - Got 3 Replies - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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