Which of the following is an avenue for a company to capitalize profits?
The "Issue of bonus shares" by capitalising free reserves or securities premium under Section 63 of the Companies Act, 2013 is the principal means by which a company…
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Which of the following is an avenue for a company to capitalize profits?
Answer and explanation
Correct answer D
The "Issue of bonus shares" by capitalising free reserves or securities premium under Section 63 of the Companies Act, 2013 is the principal means by which a company capitalises its accumulated profits.
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