Remuneration of Salary Elgibility
This query is : Resolved
14 September 2010
Dear Sir ,
Please Calculated the Salary Elgibility Calculation
Partner Salary 1,20,000
Book Profit 1,75,684
How Should be Calculated Please help
Please Calculated the Salary Elgibility Calculation
Partner Salary 1,20,000
Book Profit 1,75,684
How Should be Calculated Please help
14 September 2010
Book profit for 40(a) = 175684 + 120000 = 295684
Assumed old rates
90% of 1st 75,000 67,500
60% of next 75,000 45,000
40% of Balance Rs. 145684/- 58,274
remuneration allowable Rs. 170,774/-.
Since amount to be paid 120000/- fully allowed.
Assumed old rates
90% of 1st 75,000 67,500
60% of next 75,000 45,000
40% of Balance Rs. 145684/- 58,274
remuneration allowable Rs. 170,774/-.
Since amount to be paid 120000/- fully allowed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- Relief u/s Section 89
- REGARDING SECTION 44AE
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
