Partner's remuneration

This query is : Resolved 

26 December 2012 PARTNER REMUNERATION U/S 40(b), HOW TO CLASSIFY IN PARTNERSHIP DEED, SO AS TO AVOID DISALLOWANCE IN SCRUTINY ASSESSMENT

26 December 2012 1) Method of calculation should be specified.
2) Minimum remuneration should be specified.
3) Maximum remuneration should be specified with a reference to the cap to section 40(b).
4) Specify the division of remuneration among the working partner's if there are more than one.


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