What is Calculation Sheet & Format of Calculation Sheet require to be filed with Form 25A, can it be Audited balance sheet of previous year.
1 Replies
Ajay Mishra
(Company Secretary)
(74337 Points)
Replied 20 October 2010
Dear Mr. Abhijit
If you are filing 25A with ROC for Central Government approval for remuneration it is mandatory attachment. Calculation sheet will be made on the base of audited balance sheet, i.e. March 31, 2010, if you are paying remuneration inexcess of the limit specified under section 198 and 309 of the Companies Act. This certificate should be certified by chartered Acountant or company secretary in whole time practice.
Regards
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