Proposed dividend

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 August 2013 under revised schedule VI, what is the treatment of proposed dividend & under which head it is to be shown.

31 August 2013 Hi

The old Schedule VI, requires the profit & loss account to disclose the appropriations from the profit including the agreegrate amount of dividend paid and/or proposed stating whether such amounts are subject to deduction of tax. This requirement is not carried forward in the revised schedule VI. However in view of the requirement of AS 4 read with revised schedule, proposed dividend for the year will have to be provided for and disclosed in the notes.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 September 2013 thank u sir.one more query related to this.it means that we will deduct proposed dividend from the profit & loss a/c under the notes to
balance sheet .


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

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details