Treatment of certain items in revised schedule 6

David (Apprenticeship ) (128 Points)

21 March 2013  

hi all,

i was working out a few problems on preparing FS... and came across some confusing adjustments with regard to

(A)dividend .

1. if company has preferce sh is it always necessary to declare dividend on them first even if question is silent.

2.how to treat INTERIM DIVIDEND PAID during current year 

3.Is DDT @ 16.995% mandatory

4.treatment of final proposed dividend in current year 

 

(B) fixed assets

1. Is it necesary to show fix assets at net block when prov for dep is maintained 

inputs of are appreciated 

Thnx