Calculation of Net profit U/s 198, 349,350 of Companies Act

Can nybody please provide me the formula for Calculation of Net Profit under Section 198, 349, 350 of the Companies Act, 1956.

Also i need to calculate the commission payable to the Non- Excutive Directors

 

Priyanka

Replies (8)
Originally posted by :Priyanka
" Can nybody please provide me the formula for Calculation of Net Profit under Section 198, 349, 350 of the Companies Act, 1956.
Also i need to calculate the commission payable to the Non- Excutive Directors
 
Priyanka
"


 

Hello friends

 

Can anypone pl provide me the statement of items to be deducted and  added for calculating profit under Section 349 of Companies Act. Pl treat it as very urgent.

Thanks in advance

 

Regards

Preety

Please see the attached file. i typed it so check for spell mistakes and u can use it as it is...IT IS IN EXCEL

Please see the attached file

Hey!

 

One specific query.

 

For the purpose of computing the Net Profit as provided for u/s 349, should I reverse the exchange fluctuation loss/gain, considering that the Net Profit as per the P & L given, is arrived after considering the exchange fluctuation loss/gain?

can anyone tell me that which F.Y.'s (current year or last F.Y. ) net profit be taken u/s 198, 349 & 350 for payment of  Managerial remmuneration in F.Y. 2011-2012 ? Its Urgent...

you need to calculate for the preceding year i.e. for 2010-11

Can anypone pl provide me the Calculater of CSR Laibility as per Companies Act. Pl treat it as very urgent.

Thanks in advance

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details