Whether interim dividend can be paid out of the profit of previous year? pls help me
1 Replies
CA, CS Kavit S Shah
(Professional)
(211 Points)
Replied 17 January 2012
Interim dividend can be paid out of the past years profit.
For more information on this provision kindly refer to the following link
https://www.icsi.edu/WebModules/Publications/SSONDIVIDEND%28SS3%29.pdf
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