Calculation of Partner Salary

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cmaprabakaran

cmaprabakaran (Querist)
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08 July 2010 3,00,000/- is salary

Aditya Maheshwari

Aditya Maheshwari (Expert)
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08 July 2010 Very vague question.

Please give full details.

Whether deed modified of partnership to pay salary at new rates as prescribed by finance act 2009? Does partnership deed allow remuneration payment?

What does in Professional firm below 3,00,000/- remuneration to partners?

Is it profit or remuneration?

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cmaprabakaran

cmaprabakaran (Querist)
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08 July 2010 i found the answer for salary calculation u/s40(b). thanks for your commends

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