Dividend declared by indian companies
[DOC File][To be printed on the issuing company’s letter head]
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10. Dividend declared, if any . and paid during the . preceding 3 years. Financial year/s Rate Dividend per share (Rs.) 11. Trading history Name of stock exchange Year No. of trades No. of shares traded 12. Additional information to. be furnished in case of . admission of preference . shares
[DOC File]CHAPTER 10 (Part 1 of 2)
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Indian companies seeking investment from NRIs/OCBs under the Scheme and satisfying the conditions laid down in the said Notification may issue equity shares to NRIs/OCBs, without prior approval of Reserve Bank and file a declaration in form ISD(R) together with the required documents with the concerned Regional Office of Reserve Bank, under whose jurisdiction their Registered office is …
[DOC File]NOTICE
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Payment of dividend on cumulative basis or non-cumulative basis - Each 0.01%. Series A CCPS shall be entitled to a non-cumulative dividend of 0.01% (Zero Point Zero One Percent) in preference of equity shares. Dividend shall be paid as and when it is paid and declared on the equity shares. The conversion of . 0.01% . Series A CCPS into Equity ...
[DOC File]ACCOUNTS OF BANKING COMPANIES - Notes
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Interim dividend declared was 4% actual. Endorsement and guarantee Rs.200000. Additions made to premises during the year Rs.10000. Depreciate premises at 5% on opening balance. Prepare Profit & Loss A/c. and Balance Sheet. From the following balances extracted from the books of Srinidhi Bank Ltd., prepare Profit & Loss A/c. & Balance Sheet as ...
[DOC File]AIT-2010-37-ITAT
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Secondly, even if the subsidiary makes profits, it is not mandatory foe it to declare dividends, i.e. it may. retain the profits In Bermuda for further investments in group companies. In case no dividend is declared, i.e., profits are held back in Bermuda, the tax incidence in India would come down as the assessee would show lower profits In India.
[DOC File]GUIDE FOR INVESTORS
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Grievance: In certain cases the shareholders complain on non-receipt of the dividend declared by the company. Rights and Remedies: 1 Companies Act : In case of non-payment of dividends, the investor may refer to Section 205A & 207 of the Companies Act …
[DOC File]Relief when salary is paid in arrears or in advance, etc
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The dividend declared by Indian companies is not taxable in the hands of the share holders because tax on distributed profits have already been borne by the company. 17. I am a religious preacher and earn money from preaching.
[DOC File]TAXATION OF NON-RESIDENTS
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Investment income: Income derived from a foreign exchange asset (except dividend referred to in S. 115-O). Foreign exchange assets: Specified asset acquired by NRI out of convertible foreign exchange. Specified assets are . Shares of an Indian company. Debentures or deposits with an Indian company, not being a private company.
[DOCX File]Forfeiture of Shares – Accounting Treatment
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In India the Indian Companies Act of 1956 governs joint stock companies. The capital of the company is divided into shares and the owners hold shares of capital. ... Equity dividend is declared each year, which will vary according to the profit earned by the business. The equity shareholders are the ones who actually bear the risk in business ...
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