Remuneration to partners has to be computed on the basis of the ...
Case Laws Income Tax
November 5, 2011
Remuneration to partners has to be computed on the basis of the book profit declared by the assessee subject to the conditions prescribed u/s. 40(b) of the Act - Enhanced remuneration to partners cannot be allowed on the basis of any addition/disallowance made in the assessment order .... - AT
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