PRemium of redemption of prefrence shares

This query is : Resolved 

14 June 2008 POR to be classified as what in on redemption of prefrence shares

in what case such amount could be used ???

19 June 2008 POR is a capital loss to be adjusted with Securities Premium account and if there is no balance in Securities premium account, it can be adjusted in P & L Balance.


with regards

PC
profvpp@gmail.com
www.bharadwajinstitute.com



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