Easy Office
Easy Office

Capital gain

This query is : Resolved 
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(Querist)
08 September 2011 Can remuneration be paid to partners out of Capital Gain of Firm even if firm have no sales during the year?
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CA Navin Jain

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CA Navin Jain (Expert)
08 September 2011 YES, YOU CAN DO THAT.

EVEN IF FIRM HAVING LOSS THEN FIRM CAN PAID REMUNERATION TO PARTNER.
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CA Prabhash Choudhary

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CA Prabhash Choudhary (Querist)
08 September 2011 thanks sir
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