If partners in the partnership firm withdraws remuneration more than the limit prescribed in 40(b) of the income tax act. Some one guide me what are the consequences.
FY : 2023_24 & FY 2024_25
1 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8545 Points)
Replied 27 April 2025
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