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Dividend Payment for Financial Year 2013-14

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..... Dividend Payment for Financial Year 2013-14
Query (Issue) Started By: - Bhairob Chandra Bor Dated:- 22-5-2014 Last Reply Date:- 6-3-2015 Corporate Laws / SEBI / LLP
Got 1 Reply
Companies Law .....

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Respected Expert, we want to entered the proposed dividend in the profit & loss a/c for the year ended 2013-14. dividend will be declared & paid after the declaration of final dividend for the fi .....

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..... nancial year 2013-14 in AGM will be held in June, 2014. To close our balance sheet we have to entered that dividend amount (as proposed in the Board meeting recently held while adopting the balance sh .....

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..... eet at the board meeting). We have audited our books for 2013-14 as per the Companies Act 1956. kindly advice in this situation is it necessary to calculate the depreciation as per schedule II as per .....

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..... the new companies act 2013? As per our understanding the new companies act u/s 123 -declaration of dividend will not apply for entering the proposed dividend amount (actual declaration & payment will .....

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..... be In June, 2014 ) in the balance sheet of 2013-14. Kindly advise. Regards, bcb Reply By MARIAPPAN GOVINDARAJAN: The Reply: I think that you might have clarified this issue and did the needful.

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..... r> Discussion Forum - Knowledge Sharing .....

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