the treatement of discount on issue of shares in new book is quite different frm old book (ts grewal 1) so according to u which one we should adopt ....?? in 2014 ts grewal 15th discount is not deducted frm reseve and surplus...plzz tell....i m vry confused....

Dear Student, do not get confused. 
Discount on issue of shares can be written off against Securities Premium or Statement of Profit and Loss within 3 or 5 years. It is subjective call of the company that it will write off within 3 years or 5 years. Therefore, there might be variation in the different questions.  

Moreover, you should stick to the concept and logic. 
However, if you still find any difficulty then specify the point related to your query so that we can help you better. 
Keep Posting!!

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