Remuneration to partner
This query is : Resolved
13 August 2014
Maximum remuneration to be paid to working partner as per income tax act.
13 August 2014
it will calculate
for first rs. 3000000/- will be 150000/- or 90% of book profit which ever is higher
and after bal. profit @60%.
for first rs. 3000000/- will be 150000/- or 90% of book profit which ever is higher
and after bal. profit @60%.
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