Tax liability of firm (non audit)

Hi all,

Please suggest mode of calculation in following case:

Turnover                   Rs 4590000
Profit @ 8%                Rs 367200
Less Int on cap
(as per deed @ 12%)        Rs 133200
Book Profit                Rs 234000
Less Partners Salary
(90% of 234000)            Rs 210600
Profit from Business       Rs 23400

While filing ITR-5, same will be reported in item no 53 as under:
Gross Receipt              Rs 4590000
Gross Profit               Rs 367200 (Being 8% of Gross Turmover)
Expense                    Rs 343800 (Int on Capital & Remuneration of partners)
Net Profit                 Rs 23400

Please let me know whether above calculation & presentation in ITR-5 is correct or not