https://www.taxtmi.com/notifications?id=116843 The substituted sub-rule (5) of rule 3 provides that no company shall declare dividend unless carried over previous losses and depreciation not provided in previous year or years are set off against profit of the company of the current year. en-us Thu, 12 Jun 2014 00:00:00 +0530 Mon, 02 Mar 2015 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=116843 The substituted sub-rule (5) of rule 3 provides that no company shall declare dividend unless carried over previous losses and depreciation not provided in previous year or years are set off against profit of the company of the current year. Notifications Companies Law Thu, 12 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=116843