Interim dividend

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2018 Can we pay Interim Dividend if there is profit in current year but there are brought forward business losses?

It is clear that the final divend can not be paid. But my query is regarding INTERIM DIVIDEND as mentioned above.

Please inform, if available provided section No.

Arpit

Arpit (Expert)
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16 February 2018 interim dividend can be paid. Read Section 123(3)

Querist : Anonymous

Querist : Anonymous (Querist)

16 February 2018 But if the brought forward losses (for ex. Rs. 100) are higher than the current year profit (For ex Rs. 90), than also can we paid interim dividend?

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