DIVIDEND BY COS

neha (CS) (292 Points)

29 April 2022  

A Pvt. Ltd. Company wants to declare dividend presently.

Following queries:-

1. Can the co, declare dividend from the profits of CY-21-22 only.

2. Can the co, declare dividend from the profits of PY-20-21 only. 

Also what compliances to be taken care of by the company for taxation.

TIA.