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Commerce · Q488

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 488

Q488

As per section 205(2A) a company is obliged to transfer at least what amount is accumulations, if the rate of dividend is more than 20% of the paid up capital?

A.
5%
B.
2.5%
C.
10%
Answer
D.
7.5%

Answer: Option C

Solution

Answer: Option C
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