banner_ad

Remuneration Limit increase

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 November 2009 Sir, pls guide me in this matter....
As per amended act, the limit for the remuneration to partner has been increased..

It is stated in it that the increased amount shll be substituted by finance act, (No. 2) 2009, w.e.f. 01.04.10..

I have a question as to when it would be applicable. and will it be applicable for the previous year 2009-10 as it relates to assessment year 2010-11.

Will it be applied while preparing return for the assessment year 2010-11 ?

Do guide me on this....
Profile Image

HUZAIFA HUSSAIN

Profile Image

HUZAIFA HUSSAIN (Expert)
25 November 2009 YES IT IS APPLICABLE FOR FINANCIAL YEAR 2009-10 , RELEVANT ASSMT YR.2010-11
Profile Image

tapas aghera

Profile Image

tapas aghera (Querist)
25 November 2009 thanks for the reply... but why it is applicable to financial year 2009-10 as it is applicable from 1.4.2010 ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details