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As per the latest amendment, the proposed dividend will not be shown in the Balance Sheet. It will be mentioned in the adjustments only.
Proposed Dividend of the Current Year will not be considered while preparing the Cash Flow Statement.
Proposed Dividend of the Previous year will be added to net Profit under Operating Activities and the same amount (Proposed Dividend of the Previous Year) will have to be deducted under Financing Activities in the Cash Flow Statement.
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Harshad Agarwal 5 years, 9 months ago
1Thank You