2008-2009 | 2007-2008 | ||||||
Rs. | Rs. | ||||||
7. | a. | Computation of Net Profit under Section 349 / 198 (1) of the Companies Act, 1956 for the purpose of Directors' commission | |||||
Profit before Taxation per Profit and Loss Account | 4,09,11,43,051 | 5,52,53,19,947 | |||||
Add : | |||||||
Depreciation as per accounts | 1,11,85,61,067 | 89,26,89,256 71,08,211 - 1,17,692 - |
|||||
Managerial Remuneration | 90,09,959 | ||||||
Long Term Investments (other than trade) written off |
13,000 | ||||||
Loss on sale of
Current Investments (other than trade) (Net) |
- | ||||||
Provision for doubful debts | 5,28,089 | ||||||
1,12,81,12,115 | 89,99,15,159 | ||||||
5,21,92,55,166 | 6,42,52,35,106 | ||||||
Less : | |||||||
Profit on Long Terms Investments (other than trade) sold |
36,14,099 | - – 85,20,11,669 1,58,286 |
|||||
Profit on Current Investments (other than trade) sold |
76,319 | ||||||
Depreciation under Section 350 of the Companies Act, 1956 |
1,07,84,34,264 | ||||||
Capital profit on sale of fixed assets | 2,39,63,836 | ||||||
1,10,60,88,518 | 85,21,69,955 | ||||||
Net Profit | 4,11,31,66,648 | 5,57,30,65,151 | |||||
1% of Net Profit | 4,11,31,666 | 5,57,30,652 | |||||
Commission payable to non-wholetime Directors | 20,00,000 | 20,00,000 |