DRR
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2011
Can any one tell me when we ceate Debenture redemption reserve (DRR), at the end of financial year if we have profit then first we have tro transfer first to DRR oo General Reserve
12 January 2011
From the first year after issue redemption reserve is to be created before transferring to GR.
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