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CA Inter doubt

While buy back of equityshares, In resource test 25% of total paid-up capital and free reserve is taken. Is preference share capital also considered in total paid-up capital?

Asked by Pardeep30 Oct 2024480 views

2 answers

  1. Shankar · 30 Oct 2024

    Yess

  2. Akash · 30 Oct 2024

    Yes, plus security premium a/c also

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