Dear all,
I would like to know if a company can declare interim dividend for 2013-14 before 31.03.2013?
Devendra
(Chartered Accountant)
(4775 Points)
Replied 19 January 2013
I don't think so Interim Dividend for the period 2013 -14 can be paid before 31st March 2013.
Please wait for others to reply.
Regards,
Devendra Kulkarni
SUMIT KUMAR JANGID
(CA FINAL STUDENT)
(136 Points)
Replied 19 January 2013
No, Shweta Interim Divi is declared & paid in the CY itself. After preparing Interim Accounts, adequecy of profits is adjudged & thereafter Interim Div is declared and paid. Also the time gap between declaration and payment is not more than 10-15 days.
shristi
(executive)
(96 Points)
Replied 21 January 2013
If you declare interim dividend before 31.03.2012 then it will interim dividend for the year 2011-12.
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