Query related to capital redemption reserve

This query is : Resolved

sonia chib (Querist)
Follow

30 August 2013 What is capital redemption resrve? Why and When it is to be maintained? used for what purpose? whether its free reserve or not?

CA Pallav Singhania

CA Pallav Singhania (Expert)
Follow

04 September 2013 Capital Redemption Revere is an reserve created when a company buys it owns shares which reduces its share capital.
This reserve is not distributable to shareholders and can be used to pay bonus shared issued.

CRR can be used for as per the Act for Instance... Issue of Bonus share,some extend to the payment of Dividend after approval from Central Government.

sonia chib

sonia chib (Querist)
Follow

05 September 2013 thanx.......

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Jeegar Valera

Tia Blair

Sabareesan S Venkatesh

kambamcr@gmail.com

Nithish Kothari

Subscribe Now

Query related to capital redemption reserve

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Manager- Finance and Compliance

CA Final

Accountant

GST CONSULTANT

Article Assistant