Dividend paid during 2021-22 = Previous year's Proposed Dividend (paid during current year) + Interim Dividend paid during the year.
= 40,000 + (20 percent of 4,00,000)
= 40,000 + 80,000 = 1,20,000.
Proposed dividend of 60,000 (as on 31/03/2022) will be paid next year.