Consequences for Non Provision for Taxation

[Spectator]

A listed company failed to provide for taxation for Rs. 2 million and declared dividend, after which it has un-appropriated reserve is left only Rs. 1.3 million. My question is that if in future the company creates liablity for provision for taxation then its un-appropriated profit will be converted into a loss figure. What will be the consequences for this ?

I m new to this forum & hoping good responses.
Thnx in advance.