alleryStart learning →In computing profits for dividend, which gains are excluded?
AInterest earned in cash
BRealised trading profits
CGains realised on asset sales
DUnrealised and notional gains
Answer & Solution
Correct answer: D. Unrealised and notional gains
The proviso inserted in 2017 removes unrealised gains, notional gains and fair-value revaluation changes from profit available for dividend.
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