Dividend proposed is not approved in AGM. Do we need to revise accounts? What are the legal provisions?
Dividend proposed is not approved in AGM. Do we need to revise accounts? What are the legal provisions?
No need to revise the accounts. It is just an provision. As dividend is not declared in AGM, the provision can be written back to P&L Appropriation A/c
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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