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SravanSravan asked 12 months ago

Hi sir
For calculating PreferanceShares NPI we consider date as date from date of B/S.
What if in case of Cummulative Preferance shares 
 
And   Non paying dividend P.Shares

1 Answers
RaviRavi Staff answered 12 months ago

We have to consider balance sheet date irrespective of whether it is cumulative Bor non cumulative
And in case preference share with no dividend rights this concept won’t be applicable

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