As per section 205 (2A) a company is obliged to transfer at least what amount in reserve, if the rate of dividend is more than 20% of the paid up capital?
or
If the proposed dividend is 20% the percentage of profits to be transferred to reserve is:

A. Cost and income for managers B. Company's tax liability for a particular year C. Financial conditions of an institutions D. All of the above

A. Current assets B. Fixed assets C. Intangible assets D. Investments

A. Current assets B. Fixed assets C. Intangible assets D. Investments

A. Current assets B. Fixed assets C. Intangible assets D. Investments