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funds received for the purpose of shares but booked as income in the boos of accounts, FEMA |
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funds received for the purpose of shares but booked as income in the boos of accounts |
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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 ? Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Your query is not clear. The amount received for shares could not be the income. Whether you want to reverse the booking?
Need more clarity in your query.
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.Please guide to make corrective steps in this regard. What are the correcting ways for that ? Page: 1 Old Query - New Comments are closed. |
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