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Partner Remunaration

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(Querist)
29 May 2009 I am an accoutant.
I have Query about Partner Remunaration.
One entity have partnership firm. A partnership firm get Interest income Lot on EMD(Earnest Money Deposit) Interest . so can we calculate Remunaration for this Income for Book Profit ?
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Kedar Pande

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Kedar Pande (Expert)
29 May 2009 Yes, this has to be included in your book profit for calculating REmuneration limits
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Deepak Goel

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Deepak Goel (Expert)
29 May 2009 Agree with Kedar
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