HI Friends
Can anyone please tell that what are the provision to Declare Dividend out of Accumulated Profits. My Profits are carried over in P&L A/c only. They are not lying in Any Reserve.
Please Reply ASAP.
Thanx.
With Regards
Punit Chhattani
Menu
DIVIDEND OUT OF ACCUMULATED PROFIT
Replies (1)
Dear Punit,
The provisions are same regarding declaring dividend out of profit of previous year or any of the previous year.
Provided, Reserves has not been included for that purpose.
Recent Topic
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
Related Topics
CAclubindia
