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Form No. 7d _see Rule 5b_ Form Of Application For Approval Of The Central Government For Acquisition Of Shares
Category: Companylaw
B: B1 B2 B3 Per-tax profit: C=(A-B) C1 C2 C3 *Average yearly pre-tax profit: (C1+C2+C3) -1/3rd C Less: Estimated tax liability @ 60% =T Average net profits after taxation (C-T) =D Capitalising ‘D’ at 15% return D*100/15=E Add:
Form No. 7e Form Of Intimation To The Central Government Of The Proposal To Transfer Shares Form Of Applicatio
Category: Companylaw
B: B2 B2 B3 pre-tax profit: C=(A-B) C1 C2 C3 *Average yearly pre-tax profit: (C1+C2+C3) =1/3rd C Less: Estimated tax liability @ 60% = T Average net profits after taxation (C-T)= D Capitalising ‘D’ at 15% return: D*100/15=15
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