CONVERSION OF LOAN INTO EQUITY

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..... X (A Pvt. Ltd. Company in India) purchased 500 shares @ 1 Euro each of B (A company incorporated outside India). Since B shares capital consisted of 500 shares, it became wholly owned susbsidiary of X .....

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..... . X also gave loan of 700 Euro to B during financial year 2013-14 which was recoverted in indian Rs. As on 31/03/14. Now, during financial year 2014-15, this loan is converted into 700 shares of .....

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..... 1 Euro each. Please advise What entry is to be passed At what value, transaction to be booked - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you have got clarified in the above s .....

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..... aid issue? If not please inform. - CONVERSION OF LOAN INTO EQUITY - Query Started By: - S.C. WADHWA Dated:- 19-12-2014 Accounting - Auditing - Got 1 Reply - Companies Law - Discussion Forum - Kno .....

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..... wledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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