Interest on Preference Shares
Akansha jain (CA) (156 Points)
05 December 2023
Please advise interest on Preference shares is charged from profit before intt & tax or profit after tax
Akansha jain (CA) (156 Points)
05 December 2023
Yasaswi Gomes new
(Finance )
(4487 Points)
Replied 05 December 2023
Preference shares is shown in liability and not in equity. So it is shown as finance cost after PBIT and before PBT
CAclubindia
