Debenture redemption reserve ,
Sasi mcvv (73 Points)
20 November 2021
please tell me whether drr is a appropriation or charge
4 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14846 Points)
Replied 20 November 2021
Debenture redemption reserve is a appropriation .
Chirag
(Professional)
(1979 Points)
Replied 20 November 2021
It's an appropriation of profit...a kind of provision
sabyasachi mukherjee
(27642 Points)
Replied 21 November 2021
It is created on account of redeeming debenture after a specified period as per the terms of agreement between the debenture holders and debenture .
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