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V.S. Datey on Companies Act, 2013
  • Profit on sale of shares held as investment

    by Harish on Saturday, March 21, 2020 at 03:17 PM

    Dear Sir, A company held shares of another company as investment. company sold those shares and earn profit. Does the profit earned from these shares shall be included while computing profit for the purpose of CSR and why. can it be termed as capital profit. please guide. Kind regards,

    Replied byV.S. Datey Sunday, March 22, 2020 at 08:49 AM

    if investment then how it can be capital profit? How it is shown in balance sheet? V S Datey

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