Managerial remuneration

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From the following particulars of the limited company calculate the maximum remuneration payable to managing director and other part-time directors of the company:--

Net profit before provision for income tax and managerial remuneration, but after depreciation and provisions for repairs=86,84,100

Depreciation provided in the book=32,00,000

Repairs of machinery provided for during the year=2,50,000

Actual expenditure incurred on repairs during the year=1,50,000

Can someone please solve this question ?!
Thanku
Replies (1)
on 8684100-3200000-150000 = 5334100


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