Please Help: Sec 205
Posted Date : 08-Sep-2012 , 10:34:04 pm | Posted By: RAKHI CHAUDHARY
Category :
Audit | Answers :
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Whether transfer of profit to reserve rules 1975 like minimum distribution of dividend is applicable if dividend is distributed out of past year profits |
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21-Sep-2012, 10:24:46 |
| Applicable |
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| Posted By : SHIKHA SONI |
10-Sep-2012, 11:00:05 |
| No dividend shall be declared or paid by a company for any financial year except out of the profits of the company for that year arrived at after providing for depreciation in accordance with the provisions of sub- section (2) or out of the profits of the company for any previous financial year or years arrived at after providing for depreciation in accordance with those provisions and remaining undistributed or out of both or out of moneys provided by the Central Government or a State Government for the payment of dividend in pursuance of a guarantee given by that Government |
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| Posted By : RAKHI CHAUDHARY |
09-Sep-2012, 10:12:47 |
| Yes,I'm asking about applicability...... |
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| Posted By : CA Sagar Saraswat |
09-Sep-2012, 09:43:28 |
| plz clarify your ques.
are u asking for applicability of rules or anything else |
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