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what is the reserve capital
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Answer / rbm
reserve is a restricted amount of capital entitled to any
future purchase of asset or for future use of the company.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / diksha
reserve capital is the uncalled up capital. suppose a
company issued shares of 10 each n called up Rs 8 then 2
rupees is reserve capital as it is uncalled capital.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / alok
capital which can be save or reserved for emerigency for
future use of the company. It mostly save the company for
being bankrupt.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / chirag jain
reserve capital is the nominal portion of authorized capital of company and it was used at the time of liquidation of company for the payment of outside liability and also for share holders liability.
| Is This Answer Correct ? | 0 Yes | 0 No |
Calculate Maximum allowable remuneration to working partners as for section 40b of the Income Tax Act 1. In case of professional firm'' 2. Incase of Business Firm
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