than company shall not be declared at rate higher than average divided declared by company during immediately preceding 3 financial year
my questions this :- if company declare dividend only 2 preceding year out of 3 preceding year
than comapany give interim dividend in this situation ???
if yes soo calculate average rate of dividend preceding 3 year
aggregate of 2 years rate dividend divide(÷) by 3 or 2
CAclubindia
