Hi, can any one please help me in finding calculation of net profits for manager's remuneration. I'm not getting which have to be included and which have to be deducted from profits for manager's remuneration. Please tell me clearly for both gross profits & net profits.
1 Replies
Sreeniketh Angara
(B. Com CA PCC CS Executive)
(699 Points)
Replied 26 October 2013
Please refer to Sec 198, 309 and 349 of Companies Act, 1956 for determination of Net Profits from Managers Remuneration point of view.
Sreeniketh
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