Managerial remuneration
This query is : Resolved
13 November 2009
If a director is appointed before the adoption of account in the financial year 2009-10 and his remuneration is attracting Schedule XIII then for the purpose of calculating effective capital, we sould take the balance sheet figures of 2007-08 or 2008-09 as the balance sheet for 2008-09 was not audited as on the date of appointment of the director.
Please reply to this query as soon as possible.
Please reply to this query as soon as possible.
13 November 2009
for calculation of effective capital balance sheet for 2008-09 will be taken. i n Act their is no requirement of Audited B/S.
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