General Studies · Companies Act 2013
Under the Companies Act, 2013, dividends can be declared and paid by a company only out of:
- 1Capital receipts of the financial year
- 2Government grants received during the year
- 3Unrealised profits of the company
- 4Current or past profits of the company after providing for depreciation✓
Correct answer
Current or past profits of the company after providing for depreciation
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