Determination of remuneration to partners u/s 40(b) - Interest ...

Interest from Fixed Deposits Not Part of Business Income for Partner Remuneration u/s 40(b) of Income Tax Act.

November 9, 2017

Case Laws Income Tax HC

Determination of remuneration to partners u/s 40(b) - Interest income earned on the FDR of surplus funds cannot be considered as part of the income of the business - HC

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Determination of remuneration to partners u/s 40(b) - Interest ...

Interest from Fixed Deposits Not Part of Business Income for Partner Remuneration u/s 40(b) of Income Tax Act.

November 9, 2017

Case Laws Income Tax HC

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