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Redemption of preference shares ( crr requirement)

Accountancy

answered on 09-Nov-21 14:43

Sir, in this example we have have to issue 2500 ( face value of rs 10 and premium of rs 10) shares for crr requirement but we have a shortfall of 5000 fund so we issue 2750 shares ( face value of rs 10 and premium of rs 10). Can we issue 2500 shares ( ( face value of rs 10 and premium of rs 12) sir my doubt is instead of increasing number of shares for fund requirement can we just increase premium of rs 2 since crr requirement is already satisfied? Video no. 8 of redemption of preference shares chapter

latest answer

Thank you sir

Balamurugan V

Balamurugan V

CA Final

52K+

2

464

Partners remuneration

Direct Taxation

answered on 16-Feb-22 09:44

How to calculate remuneration when there is loss and not book profit

latest answer

Suppose book profit is Rs.90000, remuneration would be Rs 81000 (90% of 90000) or Rs 150000 whichever is higher, therefore remuneration would be allowed upto 150000. However, remuneration allowed shall not exceed the remuneration paid. For example, actual remuneration paid is 50,000. Then deduction shall be Rs. 50000. The same applies if the book loss is Rs. 90000. Ignore the negative and compute the rest.

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

7

1K+

Partnership

Corporate & Other Laws

answered on 03-Nov-21 20:39

What is the mean of decree

latest answer

Official order enforced by law

Rakesh Shah

Rakesh Shah

CA Final

5K+

2

521

Partnership

Corporate & Other Laws

answered on 03-Nov-21 19:55

What is the mean of decree

latest answer

Official order enforced by law

Rakesh Shah

Rakesh Shah

CA Final

5K+

2

519

Dividend decision

Financial Management

answered on 04-Nov-21 09:22

In walter model, whether P is po or p1? & D is Do or D1?

latest answer

Thankuuuu sir

Christeena Ambel

Christeena Ambel

CA Inter

5K+

3

587

Communicating matters to Mgt or TCWG?

Auditing

answered on 03-Nov-21 15:16

I have confusion regarding To whom auditor should communicate the matters - Mgt or TCWG If Mgt and TCWG are diff ? And is there any hard and fast rule ?

latest answer

Sure sir , Thanks

Likhith Sai

Likhith Sai

CA Final

41K+

4

552

Video speed

Others

answered on 03-Nov-21 23:15

How to enable 2x speed for every video without changing it for every new video in Google chrome?

latest answer

It is not available - will build it going forward

Pavansai Lanka

Pavansai Lanka

CA Final

200

4

550

NPO

Accountancy

answered on 03-Nov-21 18:31

What will be the treatment of Additional Information (1) and please prepare Income Expenditure Account.

latest answer

Good.

Aditya Birla

Aditya Birla

CBSE XI

4K+

11

518

Public company

Others

answered on 03-Nov-21 15:26

Can there be a public company which is not listed in stocks exchange?

latest answer

Ya

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

2

423

AMENDED NOTES ?

Indirect Taxation

answered on 03-Nov-21 21:36

Is the pdf files are amended for the upcoming Dec attempt or not?

latest answer

Yes

Shibil Abbas

Shibil Abbas

CA Inter

0

2

555