Sir,
I have a problem regarding treatment of Managerial Remuneration u/s 387 of Companies Act. I am totally confused regarding treatment of the following items because differrent books showed different treatments :-

1. Political contribution u/s 293 of Companies Act.

2. Profit/loss on sale on Fixed assets including Investments. If short term capital gain/loss figure shows different amount what will be the procedure?

3. Past accumulated losses.

4. Major Repairs to fixed assets.

Your kind action in favour of me is highly solicited.

Thanking you,

Yours sincerely

SILADITYA CHAKRABORTY

(siladitya1500@gmail.com)

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