PARTNRE SALARY &INTEREST ALLOWED U/S 44AD?
8% PROFT DECLEARED ON TOTAL SAELS .CLIAM FOR PARTNRE SALARY & INTEREST?
Menu
Audit
Replies (1)
" PARTNER SALARY & INTEREST ALLOWED U/S 44AD?"
Not from AY 2017-18. Amendment as per finance act, 2016.
"8% PROFIT DECLEARED ON TOTAL SALES"
8% for cash TO & 6% for banking channel TO, but partner's salary & interest amount deemed to have been deducted!
No more such deductions as it was allowed in earlier years!!
Recent Topics :
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
Related Topics :
CAclubindia
