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taxation

This query is : Resolved 

Querist : Anonymous


Querist : Anonymous (Querist)
whether a new partnership deed needs to be made for an existing firm for incorporating new remuneration structure for the Assessment Year 2010-11


Remuneration will be allowed only in accordance with the provisions of the instrument of partner ship. In view of that, a new deed is mandatory.

Agreed with B.C.W., however supplementary deed may also solve the problem


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