WebAbout Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright ... WebMay 23, 2016 · Computation of net profit for section 135 is as per section 198 of the Companies Act, 2013 which is primarily PROFIT BEFORE TAX (PBT).’ And, in addition to the above stated circular, explanation to Section 135 also clarifies it.
Net Profit calculation for CSR & Managerial remuneration II Net …
WebMay 28, 2024 · CSR (Corporate Social Responsibility) SPEND AND NET PROFIT CALCULATION METHOD FOR COMPANIES: In India Company have to spend 2% of average last three years Profit or last succeeding... WebJun 17, 2024 · The net worth, turnover or net profit of a foreign Company of the Act shall be computed in accordance with the balance sheet and Profit and loss account of such company prepared in line with the provisions of clause (a) of sub-section (1) of section 381 and section 198 of the Act. Calculation of Net Profit as per Section 198: corrected hp
Corporate Social Responsibility (CSR): A Complete Analysis
WebTable to Compute Net Profit for CSR contribution as per Section 198 of Companies Act, 2013. Contributions made under section 181 ( Bonafide Charitable Trusts ) Capital Loss on sale of undertaking or part thereof ( Not include losses on sale of asset ) * Net … WebJan 29, 2024 · Explanation.—For the purposes of this section “average net profit” shall be calculated in accordance with the provisions of section 198. Further Sec 198 (5)(a) says … Webnet profits for section 135 is as per section 198 of the Companies Act, which primarily considers profit before taxes. Explanation to section 135(5) itself states that “average net profit” shall be calculated in accordance with section 198 of the Companies Act. In terms of section 198(5)(a) of the Companies Act, in computing net profits, fare green pass online