Question

calculate the maximum remuneration to part time direction and manager of RAM LTD as per companies act 2013 from the following particular before considering any remuneration the profits and loss account showed a credit balance of 3000000 for the year ended 31st March 2015 after taking into account of the following items- 1) provision for taxation - 20 lakhs, 2) profit on sale of investment - 2 lakhs, 3) capital expenditure- 5 lakhs, 4) ex- gratia payment to an employee- 30000, 5) subsidy from government- 4 lakhs, 6) bonus to foreign technician- 3 lakhs, 7) multiple shift allowance- 1 lakhs, 8) special depreciation- 90000, 9) compensation paid to injured workmen - 80000, 10) loss on sales of fixed assets- 60000 .
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Answer 1

Answer:

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Explanation:

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