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Calculation of remuneration to partners

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16 July 2013 whether unabsorbed depreciation is to be deducted while arriving at book profit for allowing remuneration to partners.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
16 July 2013 Unabsorbed depreciation is as good as current year depreciation {vide section 32(2}, hence should be deducted to arrive the 'book profit' for the purpose of calculating remuneration to 'working partners'
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
16 July 2013 yes it has to be deducted.
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