IndigoLearn

Forums

Back

Managerial Remuneration

Accountancy

Should Director's fees be deducted from Gross profit for calculation of net profit in Managerial Remuneration chapter?

Sowmya Ilango

CA Inter

★ 6K+

02-May-23 19:21

459

Answers (8)

No. These are assumed to be of independent directors. So its allowed expense.

Sugam SM

CA Final

★ 9K+

02-May-23 20:48

* yes u can deduct

Sugam SM

CA Final

★ 9K+

02-May-23 20:49

Sugam SM

* yes u can deduct

Thank you!

Thread Starter

Sowmya Ilango

CA Inter

★ 6K+

02-May-23 21:01

read this once you will get our some clarity I hope it may helps u

Attachments

Balachandar S

CA Inter

★ 59K+

02-May-23 21:45

Balachandar S

read this once you will get our some clarity I hope it may helps u

Thank you!

Thread Starter

Sowmya Ilango

CA Inter

★ 6K+

02-May-23 21:53

Thread Starter

Sowmya Ilango

Thank you!

I think 💬🤔 ur doubt is clear is it?

Balachandar S

CA Inter

★ 59K+

02-May-23 21:54

Balachandar S

I think 💬🤔 ur doubt is clear is it?

Yes..

Thread Starter

Sowmya Ilango

CA Inter

★ 6K+

02-May-23 21:55

Thread Starter

Sowmya Ilango

Yes..

Ok 👍

Balachandar S

CA Inter

★ 59K+

02-May-23 21:56