section 2 22 b
santhuamma415@gmail.com (223 Points)
10 November 2018
please explain section 2 (22)( b)
4 Replies
prasad Nilugal
(3914 Points)
Replied 11 November 2018
This. section. refer to definition of Dividend , includes any distribution to its share holder by a company debentrures with or without interest and any distribution to its preference share holder's of shares by way of bonus to the extent to which the company possesses accumulated profit , whether capitalised or not
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