Can anyone post the differences between capital reserve and general reserve???
If possible, in columnar form...
Menu
Difference
Replies (2)
Click here for answer
/experts/general-reserve-569605.asp
Regards,
Abhi
Capital reserve is a reserve to which Capital profits are credited like Amount Partly Recieved on Shares on forfieted shares etc. It is not available for distribution as dividend much like Securities Premium. It can however be used for Issue of Bonus Shares etc.
The net profits of the company are transferred to General Reserve. It can be used for Dividend distribution.
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
