Creation and investment of DRR

Accountancy

I noticed in materia DRR is created and invested 1st and 2 nd year

Mkv N

CA Final

★ 750

17-Apr-20 16:06

679

Answers (5)

What is your doubt?

CA Suraj Lakhotia

Admin

17-Apr-20 18:24

Second year also created DRR and invested

Thread Starter

Mkv N

CA Final

★ 750

17-Apr-20 18:25

Depends on the company policy. What Act prescribes is minimum. So a company may create and invest over a period of time.

CA Suraj Lakhotia

Admin

17-Apr-20 18:26

Minimum 25% has creat right

Thread Starter

Mkv N

CA Final

★ 750

17-Apr-20 18:27

Thread Starter

Mkv N

Minimum 25% has creat right

Yes

CA Suraj Lakhotia

Admin

18-Apr-20 11:24