Dear All,
Is there any limit on the transfer of profits to reserves and on the capitalization of profits? Up to what amount can a company issue bonus shares?
For the purpose of calculation, which balance sheet is taken into consideration - the last year's audited or the current year's unaudited?
From India, Lucknow
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Is there any limit on the transfer of profits to reserves and on the capitalization of profits? Up to what amount can a company issue bonus shares?
For the purpose of calculation, which balance sheet is taken into consideration - the last year's audited or the current year's unaudited?
From India, Lucknow
Acknowledge(0)Amend(0)
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Amendment to Payment of Bonus Act 2015.jpg
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Bonus-amendment _206.doc