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Vismay ShahVismay Shah asked 4 months ago
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Vismay ShahVismay Shah answered 4 months ago

What is the meaning of Adequate or inadequate profit for distributing dividend? If there is adequate profit, then there is no limit to give dividend unlike Inadequate profit? And if company is giving dividend out of C.Y. profit then it should be calculated as per section 198 or as per statement of profit & loss ? What if there is Accumulated losses, still company can give dividend?

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