Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

Dividend

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

15 August 2011 The private limited company want to start practice of giving dividend to the shareholder. What process it has to follow for the same. As of now can dividend can be declared in 2010-11 books as the audit is yet to be completed.

Pls advice.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
Follow

15 August 2011 Dividend is to be distributed by taking the approval of AGM. For 2010-11 you can hold the AGM on 30.9.2011 and can declare the same. Once declared you have to pay the dividend tax. The same should be within the provisions of Section 205 and 350 of the companies act.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Senthil Kumar

Senthil Kumar

Pro Member NISHANT KATHURIA

NISHANT KATHURIA

Pro Member R NATARAJAN

R NATARAJAN

Pro Member Rakesh Bansal

Rakesh Bansal

Pro Member R Prabhudoss

R Prabhudoss

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

21 May 2026

Associate

PWC

Kolkata

CA

View Details

ARTICLESHIP 23 May 2026

Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details

04 June 2026

Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details

ARTICLESHIP 15 May 2026

Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details

26 May 2026

Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details

09 June 2026

Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details

Featured 26 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

29 May 2026

Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details