Just a moment...

⚠✕
❮ Top
☎ Help
AI Drafter - (New and Powerful) ✕

TaxTMI AI Drafter workflow from input facts to final legal draft Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Try Now →
☰
×

By creating an account you can:

Logo TaxTMI
>
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS
PrevPreviousNextNext

Basic & Diluted EPS

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....asic & Diluted EPS<br> Query (Issue) Started By: - Bijay Shrestha Dated:- 18-10-2016 Last Reply Date:- 18-10-2016 Accounting - Auditing<br>Got 1 Reply<br>Companies Law<br>Please advise - In the beginning of the FY 2015-16 as on 1-4-2015, O/s no. of shares is 100,000 of Face value of &#8377; 10. 20000 Fully 10 % convertible debentures of &#8377; 10 each conversion ratio being 2 shares for each d....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ebenture. In June-2015, 5000 debentures were converted into 10000 shares. At the end of the year 2015-16, 15000 debentures pending for conversion. For the year FY 2015-16 Net Profit after tax is &#8377; 5,00,000/-. This profit is after charging Debenture Interest of Rs. 16,250/- ( i.e.Rs. 15000+ &#8377; 1250). Now please calculate Basic EPS and Diluted EPS. In the beginning of the FY 2015-16 as....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... on 1-4-2015, O/s no. of shares is 100,000 of Face value of &#8377; 10. 20000 Fully 10 % convertible debentures of &#8377; 10 each conversion ratio being 2 shares for each debenture. In June-2015, 5000 debentures were converted into 10000 shares. At the end of the year 2015-16, 15000 debentures pending for conversion. For the year FY 2015-16 Net Profit after tax is &#8377; 5,00,000/-. This profit ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....is after charging Debenture Interest of &#8377; 16,250/- ( i.e.Rs. 15000+ &#8377; 1250). Now please calculate Basic EPS and Diluted EPS. Read more at: http://www.caclubindia.com/forum/basic-eps-amp-diluted-eps-374012.asp Reply By Ganeshan Kalyani: The Reply: The calculation need other aspect as well which in My view should be worked out with in person from practising tax consultant.<br> Discussi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on Forum - Knowledge Sharing ....

PrevPreviousNextNext