Whether interim dividend can be paid out of the profit of previous year? pls help me
CA.Praveen Ponnappa (CA PRactice) (128 Points)
17 January 2012Whether interim dividend can be paid out of the profit of previous year? pls help me
CA, CS Kavit S Shah
(Professional)
(206 Points)
Replied 17 January 2012
Interim dividend can be paid out of the past years profit.
For more information on this provision kindly refer to the following link
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
