Net worth includes or not non- convertible preference shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 November 2012
should we include non- convertible preference shares in net worth computation.?
06 November 2012
No. Preference Share Capital do not form part of Net Worth.
06 November 2012
i think they should not be included if they are redeemable.., i mean, net worth excludes the debt of the company., so redeemable non-convertible preference shares should not be added in computation of net worth...
still some other experienced expert comment on this..
still some other experienced expert comment on this..
06 November 2012
Moreover., generally, convertible preference shares do form part of net worth... I am not sure of non-redeemable as well as non-convertible preference shares, whether they are considered for net worth or not..., but redeemable are surely not added..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Free lancer income
- GST ON DAMAGED GOODS
- Specified Profession
- Small dealers gst returns filing
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
