Whether interim dividend can be paid out of the profit of previous year? pls help me
CA.Praveen Ponnappa (CA PRactice) (128 Points)
17 January 2012Whether interim dividend can be paid out of the profit of previous year? pls help me
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
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)