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REMUNERATION TO PARTNERS

This query is : Resolved 
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(Querist)
24 March 2010 Sir,
New slab rate for remuneration to Partners,

On Ist Rs.3,00,000 1,50,000 or 90%
whichever is More

On the Balance @60%


Is it Correct?

From which A.Y. the amendment is applicable?

Pls Reply
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sivadas chettoor

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sivadas chettoor (Expert)
24 March 2010 You are correct. The amendment is effective from 2010-11 (Asst Year).
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CA Gangadhar Mishra

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CA Gangadhar Mishra (Expert)
24 March 2010 agree
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SIJU VARGHESE

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SIJU VARGHESE (Querist)
24 March 2010 THANKS FOR YOUR KIND REPLY
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
24 March 2010 Agree
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