Alowable Remmuneration to partner
This query is : Resolved
22 September 2022
While calculating allowable remmuneration to partner .. the condition is certain percentage of book priofit and not taxable profit.
Still expenses debited to p& l eg. Interest on tds,donation which is disallowed is to be added back.for calculating book profit for remmuneration to partner
Still expenses debited to p& l eg. Interest on tds,donation which is disallowed is to be added back.for calculating book profit for remmuneration to partner
22 September 2022
No adding back. Book profit is after all expenses debited to p and l.
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