Partner remmuneration

Professional fee paid to one of the working partner for the professional services rendered by them. Is this amount to be included in remuneration referred to in Sec.40(b). Please clarify with supporting case laws if any
Replies (2)
Quick Summary
This discussion clarifies whether professional fees paid to a working partner for services rendered should be included in the definition of remuneration under Section 40(b). The consensus suggests that such payments are indeed to be considered within the limits prescribed by this section.

Hi,

Please refer this 

https://www.caclubindia.com/forum/salary-and-professional-fees-for-a-partner-388260.asp

@ Mr. Dhiraj John Mattam

You paid professional fee to working partner it should be counted in limit of sec 40(b)

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