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Dividend distribution

The attached image is the NOTES TO ACCOUNTS of Qn. No. 4 of Practical questions of chapter-4 of paper 1 Here no information is given in question regarding, "Increase for the purpose of grossing up of dividend" And "Dividend distribution tax and it's rate" Why these are done there?? Can u please explain that working note??

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G Aldrin

G Aldrin

CA Inter

10K+

26-Feb-21 14:59

29

Answers (1)

DDT is not applicable now.


Suraj Lakhotia

Suraj Lakhotia

Admin

26-Feb-21 15:01