Debenture redemption reserve ,

Sasi mcvv (73 Points)

20 November 2021

please tell me whether drr is a appropriation or charge

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4 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14870 Points)
Replied 20 November 2021

Debenture redemption reserve is a appropriation .

1 Like

Chirag (Professional) (1979 Points)
Replied 20 November 2021

It's an appropriation of profit...a kind of provision

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CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 21 November 2021

It's a provision

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sabyasachi mukherjee (27734 Points)
Replied 21 November 2021

It is created on account of redeeming debenture after a specified period as per the terms of agreement between the debenture holders and debenture .

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