In pvt ltd company, where does the profit go


(Querist)
21 July 2019
Hi ,
If there are 2 directors in a pvt ltd co. They get their salaries from the company, now who takes the net profit after tax from the company . Do the directors who are the only shareholders of that company take out that profit.
Thanks.


B.Chackrapani Warrier (Expert)
21 July 2019
The company can either declare dividend or carry forward the profit to the balance
sheet under the head 'reserves & surplus a/c'


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


Click here to login now



Similar Resolved Queries :






×
close
CA Learning
Online GST Class    |    x