Is it absolutely necessary that depreciation should be provided for before profits are distributed as dividend? What
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Is it absolutely necessary that depreciation should be provided for before profits are distributed as dividend? What are the provisions of the Companies Act, 2013, regarding the quantum of depreciation to be provided for in the annual accounts?
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Yes it is absolutely necessary to provide for depreciation before profits are distributed as dividend This is because depreciation is a charge against profit and is deducted from revenues independent ...View the full answer
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