Interest & rem. to partners
This query is : Resolved
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.
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.
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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