Buy Back Of Shares

Yes, Premium on buy back can be adjusted against Free Reserves or Securities Premium but not against Revaluation Reserve. Free Reserves includes General Reserve and P&L A/c

Harish Kumar

CA Inter

★ 17K+

05-Aug-23 16:01

Yes

R G

CA Final

★ 9K+

05-Aug-23 16:01

I am new buy sir now reply how to contect sir any idea

R G

CA Final

★ 9K+

05-Aug-23 16:01

Private public what is the meaning

R G

CA Final

★ 9K+

05-Aug-23 16:02

Any idea help me friends

R G

CA Final

★ 9K+

05-Aug-23 16:02

Thanks for the same.

Balachandar S

CA Inter

★ 59K+

05-Aug-23 20:19

Yes, a company's premium on buyback can potentially be absorbed by its general reserve, depending on the applicable accounting and legal regulations. However, it's important to consult with financial and legal experts to ensure compliance with relevant laws and standards before making such a decision

Ab Devliear

CA Foundation

★ 3K+

12-Aug-23 15:32