40(b)
This query is : Resolved
11 January 2014
will the a provisions of 44AB applicable to a partner if receives above Rs1 Cr as remunarations.
11 January 2014
it should madhu given that the remuneration (not share of profit) received by partner is accounted as business receipts.
Message likes :
1 times
13 January 2014
at the same time if partner receives less than Rs. 1 Cr as remuneration can he use 44AD(8% of T/O)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax implications of gift to maternal uncle
- PAN Migration to New AO
- Closure of a PVT LTD company
- Input Tax Credit Puf panels
- ROC filings for the first year of incorporation
- Real estate business by a partnership firm where both of the partners are SC/ST
- Capital gains LTCG
- 26QB correction - no data available error for fully consumed/processed with default
- TDS on Purchase of Immovable Property in case of Co Owner
- How to open attachment in 23ac xbrl
- Travel Agent Charges 5 % GST without ITC. Can he raise invoice @ 18% on Service Fee for Flight Tick
- Income tax planning
- Please help with SAC Codes (6 digits) for below mentioned services provided by Chartered Accountant
- Printing Press under Composition Scheme
- 140-A Tax Wrongly Paid PAN No
- CSR funding for private limited companies
- Professional tax deduction monthly
- Refund Application in RFD 01 for Export without payment of tax
- Ewaybill bill to ship from
- Fail to issue gst invoice from last 46 months
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT
CA Deepak Gupta26 April 2025
CAclubindia
