Net profit for the purposes of calculation is the remuneration and bonus paid to directors

    Posted By : Divya Saluja / Published on : 29-Jul-2019 06:19 AM / View : 34 / Comment : 0
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    Dear Members

    Please Suggest me

    To arrive at the Net profit for the purposes of calculation is the remuneration and bonus paid to directors is allowed as an expenses or it needs to be disallowed and added back to net profit??

    As I understand the net profit as per section 198 is PBT and PBT is after allowing these expenses.

    Please clarify.
    Read more on : paid directors bonus remuneration purposes calculation profit



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