DPT-3 Deb redemption reserve

Amit Khatri (29 Points)

27 June 2019

Hi, Under which heading is Debenture redemption reserve included in computation of net worth in DPT 3 ?

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Dipesh Jha (PRACTICE ) (673 Points)
Replied 27 June 2019

it will not be included while caclculation Networth...becoz it is not a free reserve😊

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mayank sanchety (41 Points)
Replied 27 June 2019

how would profit n loss would be taken care as on 31.03.19 as balance sheet is not yet finalized??

(Guest)

Originally posted by : mayank sanchety
	how would profit n loss would be taken care as on 31.03.19 as balance sheet is not yet finalized??

As per latest audited balance sheet.

Amit Khatri (29 Points)
Replied 27 June 2019

Thx Dipesh Jha

Dipesh Jha (PRACTICE ) (673 Points)
Replied 27 June 2019

Debenture reserve account will not be included while calculating Networth😊

mayank sanchety (41 Points)
Replied 27 June 2019

Which means as per 31.03.2018

(Guest)

Yes, Mayank.

kalpesh (ARTICLESHIP) (24 Points)
Replied 27 June 2019

PROFIT AND LOSS OF LATEST AUDITED FINANCIAL STATEMENT SHOULD BE TAKEN

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