IndigoLearn

Doubt in investment accounts

The dividend is declared for yr ended 31.03. 2011 ...the shares were both on 15.4.2011 .....how in question the dividend of 7500 added to amount .....2012 dividend is only applicable for the shares right ??

Attachments

7279a787-065b-424e-a862-644611fcd888.jpg

427303b8-905a-4207-b309-2a2d4c449c44.jpg


Sachin M

Sachin M

CA Inter

280

04-Jan-21 19:55

14

Answers (1)

Best Answer

They have not made any fresh issue the shares were there in 2011 also so dividend will be paid for these shares also and as it is pre acquisition dividend it should be reduced from investment amt


koushik jain

koushik jain

CA Foundation

9K+

04-Jan-21 23:20