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Deduction under 40b

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2012 dear sir

is it mandatory to register the partnership deed for availing the benifit of u/s 40b. on the basic of unregistered partnership deed the remuneration to partner is allowed or not?

please reply soon
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CA M Indani

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CA M Indani (Expert)
28 July 2012 u need not register PF..

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