How to determine Managerial Remuneration for computation of final account of company?
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After calculating the profit as said above the limits specified in the act in respect of managerial remuneration can be applied to know the maximum allowable remuneration.
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How to Calculate Net Profit for Managerial Remuneration.
Profit before tax as per P&L Statement xxxxxxx
Profit on sale of any undertaking or its part xxxx
Profit on buy back of shares xxxx
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