Capital redemption reserve

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CA-Final
105 Points Posted on 17 July 2012
can crr be created by using security premiun.. Reply fast, i'm in middle of the question..
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On 17 July 2012 at 08:10 Report
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as per what has been taught in our classes alternatively we can use crr to write off securities premium

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On 17 July 2012 at 10:01
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cs
21 Points Posted on 17 July 2012

In my opinion, No. CRR can be created out of divisible profit.  Please let me know if any body has a differnt opinion.   

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On 17 July 2012 at 10:08
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CA-Final
105 Points Posted on 18 July 2012
As per Parveen sir NO, but as per Pankaj sir YES..
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On 18 July 2012 at 00:00

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