Hai friends! how are you?
I had a doubt on RESERVES AND SURPLUS that in how many ways we can use these reserves.and any previous years expenditure be directly debited to the reserves and surplus i need answer urgent please guys!!!!
THANK YOU
Menu
Reserves and surplus
Replies (1)
The company can use the general reserve for various purposes including issue of bonus shares to shareholders and payment of dividend.
When a company generates a profit, management has one of two choices: they can either pay it out to shareholders as a cash dividend, or retain the earnings and reinvest them in the business
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
