Dividend Tax
Atul Kumar (37 Points)
10 May 2007Atul Kumar (37 Points)
10 May 2007
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 20 May 2008
Payment of dividend does not require a company to be listed. But it must have distributable profits. The dividend if paid, it involves payment of Dividend distribution tax. Dividends are paid by cheque after the same is approved by shareholders in AGM