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Please let me know is there any amendments for interest and remuneration under partnership act while computing net income under income tax act ?

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30 August 2016 I seek your advice under the above subject. Regards umesh Prasad

30 August 2016 The budget 2016 amendment is while calculating profit u/s 44AD no further deduction of salary and interest on capital allowed to partners.

30 August 2016 Sir this amendment is applicable only where income is calculated u/s 44AD or where n case of account




30 August 2016 Dear 4423064 , Thank you for requesting a Digital Certificate from (n)Code Solutions. We tried calling you on your Mobi process it further.

30 August 2016 sir this amendment is applicable only where income is calculated u/s 44AD or where books are maintained and net profit is worked out .

31 August 2016 This amendment is only for income calculated u/s 44AD.



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