29 October 2013
31stmarch 2010 31stMarch 2011 Equity 5,00,000 6,00,000 Share Capital Additional inf: Directors have proposed 15% Dividend for current year
In the above context: Q1)On which balance dividend will be calculated and why?
30 October 2013
dear pavan, that shall depend on the date of dividend declaration and the date of issue of additional capital. The dividend is payable on the outstanding equity stock as on the cut off date decided by the directors in this regard.
CAclubindia
