Free Reserves and Non Free Reserves
This query is : Resolved
27 December 2021
What is the difference between free reserve and non free reserves with some examples?
Is revaluation reserve a free reserve?
Is revaluation reserve a free reserve?
27 December 2021
Free reserve means such reserves which, as per the latest audited balance sheet of a company, are available for distribution as dividend:
The capital reserves, revaluation reserves, debenture redemption reserves, securities premium and statutory reserves are non free reserves.
The capital reserves, revaluation reserves, debenture redemption reserves, securities premium and statutory reserves are non free reserves.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- ITR 6 Schedule CFL and UD Issues
- FREELANCING ACCOUNTANT
- Not a CA , can we prepare balance sheet
- TDS RATE ON RENT PAID TO NRI
- TCS ON SOFTWARE SALES
- Income Type for interest from government bonds
- Gstr 9 2023-24
- GST Form ADT-02
- Reporting of savings account interest income
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
