WebComputation of ‘net profits’ for Managerial Remuneration - Has this ... WebApr 11, 2024 · 1) In computing the net profits of a in any for the purpose of section 197,— …

Section 198 of the Companies Act, 2013: Calculation of profits

http://corporatelawreporter.com/companies_act/section-198-of-companies-act-2013-calculation-of-profits/ WebCompliance under section 135 of the Act i.e. Corporate Social Responsibility, is applicable from which Financial Year? The compliance of the provisions of CSR under the Companies Act, 2013 i.e. constitution of CSR Committee, formulation of CSR Policy, the spending of requisite amount on CSR activities came into force from April, 2014. dwarf fortress remove bed

Under CSR Provision “Net Profit” Means PBT - Khabar India

WebJul 24, 2024 · As per Section 198 (5) (a), income-tax and super-tax payable by the company under the Income Tax Act, 1961, “shall not” be deducted while arriving at net profit under the section. Thus, Net Profit is Profit Before Tax (PBT) of the company. WebNov 30, 2011 · Kindly find herewith calculation sheet of net profit u/s 198 ( manegerial … WebJun 1, 2024 · Section 198: Calculation of Net Profit This section lays down the process by remuneration is calculated for 16 key managerial personnel for a financial year as per Section 197. Section 198 (2) enunciates the sum for credits, section 198 (3) sums for which credit will not be given. dwarf fortress red on the map