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Income Tax - Highlights / Catch Notes

Home Highlights August 2011 Year 2011 This

Remuneration to partners – Interest income though taxable under ...


Interest Income Must Be Included in Book Profit Calculation for Partner Remuneration Despite Being Taxable Separately.

August 9, 2011

Case Laws     Income Tax     AT

Remuneration to partners – Interest income though taxable under income from other sources, to be included in book profit for computation of remuneration..AT

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