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Computation of ‘Net Profit’ for determining managerial remuneration

November 2, 2019[2019] 110 taxmann.com 501 (Article)
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The responsibility to ensure the success of any company lies on its directors, so they need to make an effort in a collective manner for the success of the company. On the other side Managerial remuneration is one of major corporate governance issues in India, so company also needs to be careful in considering their appointment, remuneration.
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