Question
What is the time period within which the mount of the
dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account from the date of declaration?Solution
Explanation: Section 123.Declaration of dividend- (4) The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within five days from the date of declaration of such dividend.
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A shopkeeper marked an article 50% above its cost price and made a profit of Rs. 200 when he sold the article after giving a discount of 25%. Find the p...
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