Mr. A & Mr. B are CAs having a partnership firm which had clause of maximum possible remuneration in partnership deed. Profit before remuneration is Rs. 10,00,000. what is the total income of the partnership firm after giving maximum possible remuneration to partners?
a) 4,00,000
b) 6,00,000
c) 2,70,000
d) 7,30,000
90% of first 300000 and 60% for balance. Since the profit comes to Rs. 3,10,000/-
Varma Raja & Associates
Thrissur
CA Inter
View Details
Arpan Bohra & Co
Hyderabad
CA Inter
View Details
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
View Details
ADY & CO.
New Delhi
Graduate (Any)
View Details
CCI
Pro
CAclubindia
