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Calculation of Distributable profit of Partners

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(Querist)
16 December 2019 which amount to be taken in the individual partner return as Partnership share
a) amount calulated in balancesheet in patner schedule
b) amount after Income tax adjustment like DEP, 43B etc
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
16 December 2019 Share of profit from partnership is exempt from tax hence consider amount a above.

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