17 October 2014
I have credited 1 Lakh Partners remuneration every month in capital a/c. But computation income Arrived at the time of tax calculation as per IT act calculated. Which is correct way of partners remuneration calculation in computation of income.
17 October 2014
ADD BACK THE REMUNERATION TO NET PROFIT THE RESULTANT FIGURE WILL BE BOOK PROFIT THEN CALCULATE REMUNERATION AS PER LAW CA MANOJ GUPTA JODHPUR 09828510543
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