How to calculate the Gross profit for Form-A of the bonus?

vikas.gandhi
I want to know how to calculate the Gross profit for form -A of the bonus.
nanu1953
Please ask your finance /Accounts team to do the same as guided under PB Act in details with example. It is purely accounting job.

S K Bandyopadhyay ( WB, HOWRAH)
CEO-USD HR Solutions
+91 98310 81531
skb@usdhrs.in
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Dear Vikas,
Arriving at 'Allocable Surplus' :
Are you from HR or Accounts ?
Filling in the Form-A of the PoB Act can be done by someone who has some knowledge of Accounting, reading a Balance Sheet & Profit and Loss A/c and attached schedules. This format starts with Gross Profit, Depreciation, Devpt.Rebate, Direct Taxes and arriving at 'Available Surplus' which can be extracted from the Profit & Loss A/c & Balance Sheet of your firm. Presumably you will have to your team of Internal Auditors and Statutory Auditors or Accounts personnel whose assistance is required. Once you understand what's what then you can do it for other years. I attach a blank format for your reference.
After completion of Form A, you have to fill up Form B and then Form 'C' & D' to complete the formality. An Annual Return in Form D has to be uploaded to the appropriate portals of the Ministry of Labour & Employment. Pl.use New revised formats. These forms have to be maintained in the dedicated Registers and shall be shown to the Labour officers as and when asked for. Can be maintained in electronic form also as per Rules 4 & 5 of PoB Rulw, 1975.
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ssushr
Pl fill up First Schedule ( If a banking company), Second Schedule (if other than banking company) , Third Schedule and Fourth Schedule before preparing Form A .
PRABHAT RANJAN MOHANTY
Dear Friend,
Do not get into others field than yours(HR), to konw the calculation contact the Account Head or the company secretary to make you understand,if not a CA or ICWA or Commerce back ground.
You may take the balance sheet of the company from your finance /Accounts team or CS to know the figure.
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