Remuneration to partners

Yes, it is allowed. If there is any other method / clause regarding remuneration to partner in partnership deed, then first to calculate according to that method and debit it to profit and loss a/c and at the time of filing of return while calculating profit first add back the previous remuneration and then deduct the remuneration as per income tax method.

ya bt my point was tht sec 40(b) states remuneration will not be allowed  if the deed contains a clause that "remuneration will be determined as per the relevent provisionf of income tax act" or something of that sort

so inserting such a clause as mention in the post wont fall under such a category???