Company Matter
This query is : Resolved
01 August 2008
Dear All,
Can private limited company can give dividends to its shareholder on its provisional audited P &L account.Company is showing 40% profit in this current year.What parameter must be looked/checked before giving any dividend.
Regards,
Rakesh
Can private limited company can give dividends to its shareholder on its provisional audited P &L account.Company is showing 40% profit in this current year.What parameter must be looked/checked before giving any dividend.
Regards,
Rakesh
02 August 2008
The Board can declare interim dividend but not final dividend on the basis of provisional accounts, subject to the condition that when audited accounts are finalised, the current profits are sufficient to accommodate the dividend so declared.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- STCG on ETF gold & silver
- E way bill for tractors
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
