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
- IGST Refund pending since June 2022.
- Treatment of Profit on sale of fixed assets
- Transfer of rectification rights to ao
- TDS whether applicable or not in case of Flat purchase
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- Procedure and Documents Required for Release of FD from DVAT
- SEA GOING ALLOWANCE
- Ewaybill Material value reg
- Which ITR application
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Regarding Tax Audit of Parternship firm (In case of first year)
- Supplementary audit
- E proceeding query u/s 143(2) for a.y. 24.25
- REQUEST FOR HELP IN TALLY THE BALANCE SHEET
- CHANGE IN PARTICULARS OF DIRECTOR
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
Trending Online Classes
CAclubindia
