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CA Foundation doubt

Can we use capital reserve (realized in cash) for issue of bonus shares.

Image attached to the doubt: Can we use capital reserve (realized in cash) for issue of bonus shares.

Asked by Akshay21 Jun 2024441 views

3 answers

  1. Arbaj · 21 Jun 2024

    Yes

  2. Mohit · 21 Jun 2024

    Yes we can

  3. Chahat · 21 Jun 2024

    yes we can use capital reserve for bonus issue.

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