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