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
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
Related Threads
CAclubindia
