https://www.taxtmi.com/news?id=20971 Guidance prescribes SS 3 operative rules: dividends must be paid only from permitted profits (excluding unrealised gains and certain reserves), prohibited where statutory defaults subsist, and when drawn from free reserves must satisfy limits (rate cap by three year average, 1/10 withdrawal cap, 15% reserve retention). Final dividend requires Board recommendation and member declaration at the AGM; interim dividend is declared by the Board after interim financial review. Declared dividends must be deposited in a separate bank account within five days, paid within thirty days, moved to an Unpaid Dividend Account if unclaimed after thirty days and transferred to the IEPF after seven years, with specified notice, filing and disclosure obligations. en-us Tue, 22 Jan 2019 10:29:44 +0530 Wed, 11 Feb 2026 15:57:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20971 Guidance prescribes SS 3 operative rules: dividends must be paid only from permitted profits (excluding unrealised gains and certain reserves), prohibited where statutory defaults subsist, and when drawn from free reserves must satisfy limits (rate cap by three year average, 1/10 withdrawal cap, 15% reserve retention). Final dividend requires Board recommendation and member declaration at the AGM; interim dividend is declared by the Board after interim financial review. Declared dividends must be deposited in a separate bank account within five days, paid within thirty days, moved to an Unpaid Dividend Account if unclaimed after thirty days and transferred to the IEPF after seven years, with specified notice, filing and disclosure obligations. News - Tue, 22 Jan 2019 10:29:44 +0530 https://www.taxtmi.com/news?id=20971