05 October 2009
Hey, I would like to know whether DDT should be considered while calculating the maximum amount payable as dividend (for private limited company)..and also how to disclose the DDT amount in Financials.. Response awaited..
06 October 2009
But in the provisions in the Companies Act, it all says about only dividend i.e. Dividend from current year and past year's profit and if the same are inadequate then use the reserves..DDT nowhere mentioned..
CAclubindia
