Managerial remuneration
This query is : Resolved
06 April 2015
calculation of managerial remuneration.
06 April 2015
Hi,
As the question is not very clear, please find below brief about the provisions dealing with the managerial remuneration.
The provisions of section 197 deals with the 'Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits'. In order to pay managerial remuneration, one has to calculate the profits in accordance with the provisions of section 198 of the Companies Act, 2013. Section 198 specifies various additions / deletions that are to be carried out to arrive at the profit for this purpose.
As the question is not very clear, please find below brief about the provisions dealing with the managerial remuneration.
The provisions of section 197 deals with the 'Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits'. In order to pay managerial remuneration, one has to calculate the profits in accordance with the provisions of section 198 of the Companies Act, 2013. Section 198 specifies various additions / deletions that are to be carried out to arrive at the profit for this purpose.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Booth for sales promotion
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- TDS _Long term Capital Gain ref.sec 214 Table 2
- ITR-Capital Gain
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
