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Remuneration under 40b in case of loss

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If there is loss (book profit is negative)  then whether it is necessary even to pay 1.50lacs?

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On 01 June 2012 at 16:16 Report
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285 Points Posted on 01 June 2012

Ceilings mentioned for remuneration u/s 40b are maximum limits and not manadatory..

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On 01 June 2012 at 18:03
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PRACTICE
658 Points Posted on 01 June 2012
Yes eventhough its loss in business 1.50 lakh remuneration have to paid.
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On 01 June 2012 at 23:40


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