deposit of dividend amount
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 November 2010
Sirs,
Can anybody tell me within how many days interim dividend amount which is declared to be deposited in the seperate bank account.I am confused whether it is within 5 working days or within 5 days to be deposited.
Can anybody tell me within how many days interim dividend amount which is declared to be deposited in the seperate bank account.I am confused whether it is within 5 working days or within 5 days to be deposited.
udit sharma
(Expert)
20 November 2010
Hi...
As per section 205(1A)of the Companies Act, 1956 the amount of dividend declared has to be deposited within 5 days from the date of declaration in a seperate bank account.
Hope this solves your query:-)
God Bless
Udit
As per section 205(1A)of the Companies Act, 1956 the amount of dividend declared has to be deposited within 5 days from the date of declaration in a seperate bank account.
Hope this solves your query:-)
God Bless
Udit
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
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
