06 May 2011
If a Corporate entity has earned Profit on Sale of Shares,can this amount be deducted from the Net Profit as per P&L Account for the purpose of calculation of Grpss Profit as per Section of the Payment of Bonus Act,1965 ?
Querist :
Anonymous
Querist :
Anonymous
(Querist)
06 May 2011
If a Corporate entity has earned Profit on Sale of Shares,can this amount be deducted from the Net Profit as per P&L Account for the purpose of calculation of Grpss Profit as per Section 4 of the Payment of Bonus Act,1965