Advance tax
This query is : Resolved
10 February 2015
how to calculate advance tax of partnership firm & thier partner individially
10 February 2015
Assume a growth rate. Find out the profit before interest, salary, bonus, commission etc to partners.
Estimate the book profit as per the past years record and proceed to calculate allowable salary to partners etc...
Estimate the book profit as per the past years record and proceed to calculate allowable salary to partners etc...
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