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(Querist)
06 October 2008

For what purpose dividend equalisation reserve is created?
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
06 October 2008

REPLY AS EARLY AS POSSIBLE
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CMA Jitendra Singh

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CMA Jitendra Singh (Expert)
06 October 2008 dividend equalization reserve
Definition
Revenue reserve that serves as a buffer between a certain dividend level and profits available. Sums are transferred to this reserve account in good years, and withdrawn from in poor years to maintain the dividend amount
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
07 October 2008

thanx
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
07 October 2008


thanx for replying my query
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