TMI BlogRemuneration to partners - Deduction u/s 40(b) - whole income embedded in P & L account of assessee is...Remuneration to partners - Deduction u/s 40(b) - whole income embedded in P & L account of assessee is to be taken into consideration for allowing deduction of remuneration paid to partners under section 40(b) without excluding interest income credited to P & L account even if it is not business income - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|