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Interest & rem. to partners

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(Querist)
03 July 2012 Dear Experts,
If partnership deed silent about Interest to partners on capital and remuneration to them. then how much can be given as per income tax rules.
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Rajesh

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Rajesh (Expert)
03 July 2012 If partnership deed is silent about interest and remuneration to partners, then nothing is admissible under income tax act.
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