Dividend

This query is : Open

Shankar T S (Querist)
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15 June 2015
Dear Sir,
Can you advise me if Deferred tax asset should be considered while arriving at the profit available for dividend distribution. In this year our company is not having profit before tax but if we considered profit after tax along with deferred asset amount , we land up with huge profit. Should we declare dividend considering this or excluding the notional deferred asset?
Thanks for your support

Guest

Guest (Expert)

16 June 2015 Yes dividend can be declared after considering you DTA..

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Rupesh Jain

Rupesh Jain (Expert)
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16 June 2015 you can take this but this is not profit of this year operation, this is the reverse of last years.

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Shankar T S

Shankar T S (Querist)
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16 June 2015 Dear Sir,
Thank you for your valuable responses. Is it mandatory that deferred asset is considered or we can exclude this saying it is notional profit