Dividend
madhav Tikole (2 Points)
25 November 2016
Wether final dividend mandatory to declare every year?
2 Replies
Nikhil Sharma
(Government Service)
(539 Points)
Replied 25 November 2016
It is not mandatory. It is at the discretion of board of directors.
Jatin Bajaj
(CS)
(2930 Points)
Replied 26 November 2016
YES, IT IS NOT MANDATORY TO DECLARE DIVIDEND AT EVERY YEAR , AS PER SECTION 123 OF THE COMPANIES ACT, DIVIDEND SHALL BE DECLARED FOR ANY FINANCIAL YEAR AT A GENERAL MEETING OUT OF THE PROFITS OF THE COMPANY FOR THAT YEAR OR ANY PREVIOUS YEAR AFTER PROVIDING FOR DEPRICIATION
Recent Topics
- TDS on rent, security deposit and brokerage
- Doubt in ITR Filing
- DRC 03 for delayed RCM Payment
- Declaration about Legal Metrology Act
- Intermediary services under GST - SGST CGST IGST
- CSR thru implementing agency
- ETax payment of Revised return
- US based NRI Taxation on endowment plan taken in I
- Is it necessary to fill HSN code in GSTR 1, is the
- Pf advance withdrawal limit
Related Threads
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
