Good Blog to view
http://mytaxassociation.blogspot.com/

Regards
Santosh


On 10/20/08, Bhushan K <[EMAIL PROTECTED]> wrote:
>
> Dear All, Good Evening
>
> Pls clarify in the follwoing matter:
>
> We have transfered the $ 0.5 Million Technology worth to a foreign company
> on 1 August 2008, in return the foreign company has alloted the shares
> against our technology transfer on 1 Sept 2008.
> Now my question is... is there any gain/loss to be recognized as AS-11
> since they have allotted the shares after 1 month i.e., 1 Sept 2008.
>
> Pls clarify ASAP
>
> Thanks in Advances
>
>
> >
>


-- 
-Santosh Dhoot

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