Interest and Remuneration paid or payable to partners under Sec 40B

VISHAL BANSAL , Last updated: 29 October 2018  
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Introduction- Section 40(b) of Income Tax Act provides some specific conditions for payment of Remuneration includes salary, bonus, commission etc. and Interest paid to partners. Conditions- Remuneration includes salary, bonus, commission etc. is allowed when it is clearly mentioned in P

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VISHAL BANSAL
(https://understandyourincome.in)
Category Income Tax   Report

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