Auditguru Auditguru Frequently Asked Questions(FAQ) Auditguru Auditguru
 Meet Us Here
Karan MeswaniKaran Meswani asked 5 years ago
1 Answers
RaviRavi Staff answered 5 years ago

Rule is if dividend is given out of general reserves, adjust only current year losses and not all past losses hence we have adjusted only current year losses. 
We have done the same in illustration 2

Call Back Request