Accounting group of Dividend receivable

This query is : Resolved 

19 November 2023 what is accounting group of Dividend receivable as per scheduled III of companies act.

20 November 2023 It's current assets.
Dividend accounted on receipt basis.

20 November 2023 sir,
is dividend taxable on receipt basis only?


20 November 2023 Yes it's taxable on receipt basis.



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