Partnership deed
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2014
respected sir,
for a partnership firm ,to claim renumaration and interest exemption from total income whether it is necessary to register partnership deed. please explain
for a partnership firm ,to claim renumaration and interest exemption from total income whether it is necessary to register partnership deed. please explain
Amol S Joglekar
(Expert)
22 November 2014
Unregistered firm can also get the benefits of debiting remineration and interest to its profit and loss account PROVIDED the partnership deed contains the manner of payment of remuneration and interest
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