B-Next Corporate Compliance Tool
Select the company type and enter the relevant financial particulars to identify applicable Companies Act compliances. The reserves total is carried automatically into the selected dashboard.
The dashboard opens in the same style, with today's reserves total and any figures below carried forward.
Select the regulated and/or non-regulated sector the company operates in. This is carried into the dashboard and drives Cost records and Cost audit applicability.
Enter profit before tax computed as per Section 198 of the Companies Act, 2013 for the 3 immediately preceding financial years (₹ in lakhs; a loss can be entered as a negative). CSR liability is 2% of the 3-year average, and is carried into the dashboard.
| Sr. No | Financial year | Profit before tax — s.198 (₹ in lakhs) | |
|---|---|---|---|
| 1 | Year 1 — immediately preceding FY (N-1) | ₹ | |
| 2 | Year 2 — FY (N-2) | ₹ | |
| 3 | Year 3 — FY (N-3) | ₹ | |
| Average net profit of last 3 years (₹ in lakhs) | ₹ | ||
| CSR liability @ 2% of average net profit (₹ in lakhs) | ₹ | ||
Enter each component of reserves in ₹ lakhs. The total below is carried into the dashboard's "Reserves" figure.
| Sr. No | Nature of reserves | Nature | Amount (₹ in lakhs) |
|---|---|---|---|
| Total free reserves (₹ in lakhs) | ₹ |
||
| 11 | Total of all reserves (₹ in lakhs) | ₹ |
|
Disclaimer : This tool has been prepared for general assistance based on our understanding and interpretation of the applicable provisions. Users are advised to independently verify the provisions from the Companies Act, 2013, applicable rules, MCA notifications, circulars, and the MCA portal before taking any action or making any filing. We do not provide any guarantee, warranty, or assurance regarding the accuracy, completeness, or applicability of the result generated by this tool. The user shall be solely responsible for the final verification and use of the calculation.