Annual accounts - Form and contents of Whether general reserve can be used for redeeming preference shares

Annual accounts - Form and contents of Whether general reserve can be used for redeeming preference shares https://www.taxtmi.com/circulars?id=10639 Application of the general reserve to redeem preference shares should not be made while the profit and loss account shows a debit balance; companies must follow the Notes to Part I of Schedule VI in form and disclosure before appropriating reserves for share redemption. en-us Wed, 13 Nov 1957 00:00:00 +0530 Tue, 21 Jun 2011 13:59:00 +0530 TaxTMI RSS Generator Annual accounts - Form and contents of Whether general reserve can be used for redeeming preference shares https://www.taxtmi.com/circulars?id=10639 Application of the general reserve to redeem preference shares should not be made while the profit and loss account shows a debit balance; companies must follow the Notes to Part I of Schedule VI in form and disclosure before appropriating reserves for share redemption. Circulars Companies Law Wed, 13 Nov 1957 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10639