Poonawalla fincorps
Poonawalla fincorps

Free Reserves and Non Free Reserves

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(Querist)
27 December 2021 What is the difference between free reserve and non free reserves with some examples?

Is revaluation reserve a free reserve?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
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.

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