Interim Dividend
This query is : Resolved
29 January 2010
Is there any restrictions as to how many times a company can declare an interim dividend during a particular financial year.
Secondly is it necessary to open a separate bank account every time an interim dividendis declared?
Can a company use an account once opened for subsequent distribution of interim dividend?
Please clarify!
Secondly is it necessary to open a separate bank account every time an interim dividendis declared?
Can a company use an account once opened for subsequent distribution of interim dividend?
Please clarify!
29 January 2010
There is no restriction on the number of times, interim dividend can be declared.
Opening a seperate bank account is required for each set of interim dividend.
The account opened once cannot be used for subsequent interim dividend.
Opening a seperate bank account is required for each set of interim dividend.
The account opened once cannot be used for subsequent interim dividend.
29 January 2010
Completely agree with Expert.
29 January 2010
Agree with Experts.
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
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Itr 1 processing
- ITR validation error - Balance sheet is not filled
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
