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Buy back of shares

Accountancy

In illustration 1 of the institute's textbook, why is CRR entry passed? We don't actually require CRR right. Even sir mentioned in it in the lecture. Then why is it given in the tb ?

Swathi Krishna

CA Final

★ 8K+

01-Oct-20 18:21

347

Answers (2)

The earlier edition of study material had an error. Now they have remove the line below preference share capital. Pls check the latest study material you will understand. As per earlier question CRR is not required.