Debenture redemption

Accountancy

If DRI is realised at profit at the time of redemption, is it written off from capital reserve first or from statement of profit & loss first?

Asmita Kar

CA Final

★ 7K+

13-Mar-25 18:20

256

Answers (1)

If its sold at profit, it is credited to P&L

CA Suraj Lakhotia

Admin

15-Mar-25 18:39