General Studies · Companies Act 2013
As per Section 198 of the Companies Act, 2013, while calculating net profit for managerial remuneration, if gross profit is the starting point, which of the following is allowed to be deducted?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Super-tax on the income
- 2Director's sitting fee✓
- 3Voluntary compensation
- 4Loss of a capital nature
Correct answer
Director's sitting fee
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