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Partner's Remuneration (Income Tax)

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This query is : Resolved


( Author )
13 December 2010

If any partnership firm allows remuneration to partners which is lower than Calculation of partner's remuneration as per IT Act , then will there be any complication in assessment or refund ?????


Thanx In advance


Aditya Maheshwari

( Expert )
13 December 2010

If lower then no problem. Higher amount not allowable.



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