IS CAPITAL PROFIT AND CAPITAL RESERVE ONE AND THE SAME???
REGARDS
DEVENDRA. K
2 Replies
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 07 November 2010
capital profit arise due to disposal of capital assets, & capital reserve arise due to requirement of companies act in certain conditions.......basically capital reserve arise due to alteration in capital structure
PAWAN GALGAT
(ACCOUNTANT)
(32 Points)
Replied 23 April 2011
Reserves are the appropriation of profits ...so in my opinion borth r same..
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