PRemium of redemption of prefrence shares


This query is : Resolved 

(Querist)
14 June 2008 POR to be classified as what in on redemption of prefrence shares

in what case such amount could be used ???

19 June 2008 POR is a capital loss to be adjusted with Securities Premium account and if there is no balance in Securities premium account, it can be adjusted in P & L Balance.


with regards

PC
profvpp@gmail.com
www.bharadwajinstitute.com


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