if any investment is sold by the company then whether profit so derived will be credited to capital reserve?
CA Abdul Halim Siddiqui
(Partner)
(481 Points)
Replied 30 April 2009
NO iT SHOULD BE CREDITED TO P&L
VARUN
(PCC STUDENT)
(523 Points)
Replied 30 April 2009
y capital reserve .. it should be credited to p&l
Regards,
Varun Makhija
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 30 April 2009
Agree with varun and hamil...
CAclubindia
