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partnership firm

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(Querist)
24 March 2009 remuneration/salary etc. paid to partners by the partnership firm is allowable expenditure upto certain limit.

is the condition that the firm should be a registered partnerhsip firm compulsory to get benefit of this.
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
25 March 2009 REGN OF FIRM IS NOT A MANDATORY CONDITION FOR ALLOWANCE OF SUCH EXPENDITURE.
IMPORTANTLY YOUR PARTNERSHIP DEED SHOULD PROVIDE FOR IT

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