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Application of dividend rules is for Gross or Net Dividend. When We say 10% dividend on capital.is this meant for net dividend or Gross amount of dividend [including DDT].
Answers (4)
CA Suraj Lakhotia Admin
Net amount.
So Apportionment of DDT from p/l balance Making p/l balance negative is not an issue. As compared to -for Apportionment of dividend, there definitely balance in p/l.[once there is inadequacy in profit and loss balance for dividend payment].
Thread Starter
Pranav Connecting...So Apportionment of DDT from p/l balance Making p/l balance negative is not an issue. As compared to -for Apportionment of dividend, there definitely balance in p/l.[once there is inadequacy in profit and loss balance for dividend payment].
Companies would generally not do that.
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