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.
paid
directors
bonus
remuneration
purposes
calculation
profit
Dear All,
In the process of issue of bonus shares, can a Private Limited Company issue the shares at par value or, is valuation of shares necessary..
I did not see any condition in the provisions requiring valuation. Please confirm.
Thanks
Vijaykumar Cn
Can the bonus shares be issued on the basis of provisional or unaudited results?
Click here to view / answer Share it onDear Members A company issues CCPS which are converted into equity shares at the end of 6th year. In the Interim period of 6 years the company plans to issue Bonus to equity share holders. Whether this is permissible. ? Also whether the CCPS holder will be entitled to Bonus shares?? Appreciate members inputs on same.
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