Payment of Bous Act.1965

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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 ?

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Querist : Anonymous

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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

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