Dear All
Please let me know if i can use "profit during the Year" for issue of Bonus sahre in the case of Pvt co.
CA Aashish (BH) (45 Points)
04 November 2009Dear All
Please let me know if i can use "profit during the Year" for issue of Bonus sahre in the case of Pvt co.
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 04 November 2009
no...... only out of free reserves...... like Capital Redemption Reserve.......
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 04 November 2009
Please check my reply in the Expert section.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)