Debenture Redemption Reserve
Abhishek Kanth (career) (117 Points)
03 November 2017
what type of companies are exempted for creating DRR
4 Replies
CA Mohit Aggarwal
(CA in Job)
(81 Points)
Replied 04 November 2017
I don't think any company is exempted from creating DRR. The Act says every INDIAN company issuing debentures has to create DRR. therefore it seems that they have exempted Foreign companies. and secondly they exempt Public financial institutions & NBFC (only in case of privately placed debentures).
Abhishek Kanth
(career)
(117 Points)
Replied 04 November 2017
Dear Sir,
can you please tell me about that what is NBFC.
can you please tell me about that what is NBFC.
Abhishek Kanth
(career)
(117 Points)
Replied 04 November 2017
why DRI is always purchased on 30th April
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
