Declaration of dividend
This query is : Open
Karthik Kumar
(Querist)
12 June 2018
A Company that has accumulated losses in it's balance sheet (i.e till previous year) and in the current year it sells one of it's industrial property and makes more than it's book value. The company wants to declare dividend of such surplus. Can the company do so? What are the other provisions to be complied with?
12 June 2018
https://www.caclubindia.com/experts/can-dividend-be-issued-out-of-profits-from-sale-fixed-assets-1599629.asp
Karthik Kumar
(Querist)
12 June 2018
Thank you sir! the link was helpful @b.chackrapni warrier
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Movement of goods by packers and movers - type of sale - Reg.
- Missed uploading GST Invoice
- RCM and same line
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- TDS Return Statement Status
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
