Dividend payout amount

This query is : Resolved 

05 October 2009 Hey,
I would like to know whether DDT should be considered while calculating the maximum amount payable as dividend (for private limited company)..and also how to disclose the DDT amount in Financials.. Response awaited..

Profile Image

Guest

Profile Image

Guest (Expert)
05 October 2009 Yes, DDT should be considered.


Disclose it below the tax paid

06 October 2009 But in the provisions in the Companies Act, it all says about only dividend i.e. Dividend from current year and past year's profit and if the same are inadequate then use the reserves..DDT nowhere mentioned..

Profile Image

Guest

Profile Image

Guest (Expert)
06 October 2009 DDT is not the reserve, It is tax payable by the company


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details