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..
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