I am understanding that in dividend payment out of general reserves there are three conditions, we calculate three amounts ,select the lowest and that is max amount that can be withdrawn from free reserves. Why did we deduct CY Profit in condition 1?

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I am understanding that in dividend payment out of general reserves there are three conditions, we calculate three amounts ,select the lowest and that is max amount that can be withdrawn from free reserves. Why did we deduct CY Profit in condition 1?

Questions › Category: CA-Final Dividend › I am understanding that in dividend payment out of general reserves there are three conditions, we calculate three amounts ,select the lowest and that is max amount that can be withdrawn from free reserves. Why did we deduct CY Profit in condition 1?

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Karan Meswani asked 7 years ago

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audit Staff answered 7 years ago

Yes I will after 9 am.

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