Partners remuneration
This query is : Resolved
12 August 2013
In my case there is Rs. 345444/- is book profit, plz tell me the Remuneration is Allowable...
12 August 2013
Maximum remuneration allowable = Rs. 297266
20 August 2013
upto 3,00,000 90% is allowable and 60% on rest i.e.3,00,000*90%=270000
45,444*60% =27266
TOTAL 297266
45,444*60% =27266
TOTAL 297266
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