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taxation

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Querist : Anonymous

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

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Bhaskaran Chackrapani Warrier (Expert)
29 June 2010 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.
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CA. O.P. Agarwalla

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CA. O.P. Agarwalla (Expert)
29 June 2010 Agreed with B.C.W., however supplementary deed may also solve the problem
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