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managerial remuneration

This query is : Resolved 
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(Querist)
24 September 2008
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
24 September 2008 The excess will have to be refunded by the persons concerned.
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reena

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reena (Querist)
24 September 2008
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
24 September 2008 I do not get your point. Section 349 1s computation of profit with reference to which the remuneration is computed. That section wants depreciation as per section 350 (that is sch. XIV). What is your doubt?
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reena

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reena (Querist)
25 September 2008

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