31st March, 2010 |
31st March, 2009 |
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Rs. | Rs. | ||||||
7 | (a) | Computation of Net Profit under Section 349/198(1) of the Companies Act, 956 for the purpose of Directors’ commission | |||||
Profit before Taxation per Profit and Loss Account |
4,75,49,43,448 | 4,09,11,43,051 | |||||
Add : | |||||||
Depreciation as per accounts | 1,72,80,03,438 | 1,11,85,61,067 |
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Managerial Remuneration | 1,35,53,022 | 90,09,959 | |||||
Long Term Investments (other than trade) written off |
- | 13,000 | |||||
Provision for doubful debts | 2,51,609 | 5,28,089 | |||||
1,74,18,08,069 | 1,12,81,12,115 | ||||||
6,49,67,51,517 | 5,21,92,55,166 | ||||||
Less : | |||||||
Profit on Long Terms Investments (other than trade) sold | - | 36,14,099 |
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Profit on Current Investments (other than trade) sold |
42,250 | 76,319 | |||||
Depreciation under Section 350 of the Companies Act, 1956 |
1,68,81,23,640 | 1,07,84,34,264 | |||||
Capital profit on sale of fixed assets | 14,557 | 2,39,63,836 | |||||
1,68,81,80,447 | 1,10,60,88,518 | ||||||
Net Profit | 4,80,85,71,070 | 4,11,31,66,648 | |||||
1% of Net Profit | 4,80,85,711 | 4,11,31,666 | |||||
Commission payable to non whole-time Directors | 24,00,000 | 20,00,000 |