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Net worth calculation

This query is : Resolved 
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(Querist)
16 May 2013 Is reserve on amalgamation ,revaluation reserve and capital redemption reserve are considered for calculation of net worth of a company.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 May 2013 Networth calculation only free reserves need to be considered, so reserves like revaluation reserve and amalgamation reserve no need to consider, however Capital redemption reserve is free reserve you can consider that
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Vivek Kumar

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Vivek Kumar (Querist)
17 May 2013 ok... thank you sir
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