CA
910 Points
Joined January 2009
yes i am agree with what you said.
but in my opinion if you have great access to company books of accounts and you have idea from which profit dividend has been declared then you may bifurcate pre and post acquisition dividend on the based of source of declaration of dividend.
say if dividend is declared out of post acquisition profit then its post acquisition dividend.or vice a versa.
for example this can be done in case of H&S relationship
but this much of great access to any company books of accounts every one cant have thats why we try to make distinguish between pre and post acquisition profit on the basis of time of acquisition.
.i am also a student.might not be fully right plz make me correct if i am wrong
Thanks