preference share capital

Others 695 views 1 replies

hello

pls clarify that whether preference share capital is still to be classified under capital or under liabilities after 1-4-2011.

in the context of valuation chapters in final

Replies (1)
As per indian accounting principles and legal context prefrence share capital is considered as capital but as per AS 30 31 based on fair value principle criteria perfrence share is considered liability if certain criteria are fullfilled...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register