19 July 2010
Dear Experts, I am auditing an closely held company. We have to calculate EPS for that. They also have issued bonus shares in the middle of the year. While calculating bonus shares.... We have to deduct the following from the Net Profit as computed in the P&L account.(There are no preference share holders) Provision for Tax Deferred Tax Liability (If there is deferred tax asset should we have to add?) Dividend Distribution Tax Transfer to General Reserve With regards, Rajesh
CAclubindia
