CA Day celebration 2024 Easy Office
LCI Learning

Calculation of partners remuneration

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 August 2012 Dear Sir
Please tell me how i calculate partners remunerations what is the percentage of these calculation.
Profile Image

CA Saiyum khan

Profile Image

CA Saiyum khan (Expert)
16 August 2012 As per the provision of income tax partners remuneration can be computed as follows;

1. For the first 3,00,000 of profit Rs.1,50,000 or 90% of profit whichever is higher.
2. For the balance of Profit @ 60%

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links