EASYOFFICE
EASYOFFICE

Whether salary and interest to partner for a.y.2017-18

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 July 2017 Dear Sir,
I have a Partnership Firm having Net Profit 19% before Interest and salary to Partner.After Interest & Salary to Partner it goes to .97%. Whether Partnership Firm goes to Tax Audit or not.
Whether Salary & Interest is allowed to Partner for the A.Y.2017-18 or not.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
08 July 2017 it is very much allowed for the firm

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links