I WANT TO KNOW HOW THE EMPLOYER DISTRIBUTES HIS PROFIT IN FORM OF DIVIDENDS AND BONUS
LAXMIKANT JAIPURKAR
(Practicing Company Secretary/Tax Consultant)
(403 Points)
Replied 20 February 2009
This query is not clear.
Employers pays the bonus to employees on the basis of their salary.
The profit of any company distributed to their sharehoders by way of dividend from profit and reserves and surplus.
The Bonus shares also issued to its existing shareholders from the reserves and surplus.
CAclubindia
