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In topic managerial remuneration Why reserves are not deducted for the calculation of managerial remuneration

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Kanaga Mani

Kanaga Mani

CA Inter

1K+

02-Apr-21 21:06

47

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Best Answer

Reserves are an appropriation of profit, that is once profit is made, certain sums are transferred to Reserves.


Sahibdeep Singh

Sahibdeep Singh

Moderator

03-Apr-21 11:15

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