Dear Friends,
May someone resove my small query " Where the Capital Reserve Account can be utilized?"
Menu
Capital Reserve
Replies (8)
For issuing Bonus Shares !!
To Write Off Capital Losses (Example- Discount on issue of shares and debentures) !!
As far as I know, dividend cannot be declared out of Capital Reserve...
Please corect me if I am wrong..
Regards
Priya Sharma
CS final Student
Yes, u r right !!
1). premium on redemption of shares & debunters
2). written off goodwill
am i wright ??
yes i think u r right ravi sir
what is the minimum capital required to be contributed by a partner at the time of formation of partnership firm.
Recent Topic
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
- Mold cost invoice in GST return
Related Topics
CAclubindia
