Menu
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)
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)
Recent Topic
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
Related Topics
CAclubindia
