Is dividend Payment Inadmissible?

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 May 2010 While calculating taxable income of a company, is the dividend payment an admissible expense?Or whether it is added back to the profit?

05 May 2010 Dividend should be paid after taxes. If you have debited to your profit and loss account before paying taxes then for calculating the income tax it will be added back.

05 May 2010 Agreed


09 May 2010 agreed.divident is paid from EBT not PBT.



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