Hello friends this is rahul help needed
y query realtes to AS-22 on Accounting for taxes
If a co. incurr a loss and in the same year a deferred tax asset(DTA) is created and by virtue of DTA company comes in profit. Now the question is can company declare dividends out of this profit.
Hoping fora quick response
Menu
As-22
Replies (2)
if it complies with sec 205 ,then it can very well pay dividend out of it
Hello Friends,
Recent Topic
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
Related Topics
CAclubindia
