Please Help: DIVIDEND
Posted Date : 03-Aug-2012 , 05:44:58 pm | Posted By PRAKASH KUMAR SINGH
what do we mean by Deemed dividend?
Category : Accounts | Answers : 1 | Comments : 0 | Hits : 158
Answers
Answer By: Vikash Kumar Jha
Where accumulated profits are distributed in kind for example delivering of shares, entailing the release of company aseets then the market value of such shares on the date of such distribution is deemed dividends.
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