26 January 2013
IF FIRM IS TAKEN BANK OD FROM BANK AND FOR TAKING THIS OD LIMIT COLLETERIAL FDR IS MADE WITH BANK.SO INTEREST RECEIVED ON THIS FDR IS TAKEN OR NOT FOR CALCULATION OF REMAUNARTION PAYABLE TO PARTNER U/S 40(B) PLEASE MENTIONED CASE LAW IF ANY AVAILABLE FOR THIS TYPE OF PROBLEM.
CAclubindia
