Remuneration to partners
This query is : Resolved
23 July 2018
Can a partner become the CEO of the Same partnership firm and draw additional salary for the role.?
Is the salary as CEO liable for the calculation under Section 40(b).
Is the salary as CEO liable for the calculation under Section 40(b).
23 July 2018
Yes, salary as CEO liable for the calculation under Section 40(b).
23 July 2018
Welcome................
24 July 2018
Partner whatever role he comes under purview sec 40(b). Limit salary to the extent allowed on profit.
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