how to calclulate profit u/s 40 b?????
This query is : Resolved
16 February 2010
net profit as per books+salary,comission,DA to partners=book profir
m i right?????
also tell me sir that @ 150000 or 90% of book profit --is it for per partner or for all partners?????????
m i right?????
also tell me sir that @ 150000 or 90% of book profit --is it for per partner or for all partners?????????
17 February 2010
It is for ALL partners.
and this limit is applicable from the A.Y. 2011-12.
for the A.Y. 2010-11 it is Rs. 50,000 or 90%(whichever is higher)
Regards!!!
and this limit is applicable from the A.Y. 2011-12.
for the A.Y. 2010-11 it is Rs. 50,000 or 90%(whichever is higher)
Regards!!!
17 February 2010
It is for ALL partners.
and this limit is applicable from the A.Y. 2011-12.
for the A.Y. 2010-11 it is Rs. 50,000 or 90%(whichever is higher)
Regards!!!
and this limit is applicable from the A.Y. 2011-12.
for the A.Y. 2010-11 it is Rs. 50,000 or 90%(whichever is higher)
Regards!!!
17 February 2010
It is for ALL partners.
and this limit is applicable from the A.Y. 2011-12.
for the A.Y. 2010-11 it is Rs. 50,000 or 90%(whichever is higher)
Regards!!!
and this limit is applicable from the A.Y. 2011-12.
for the A.Y. 2010-11 it is Rs. 50,000 or 90%(whichever is higher)
Regards!!!
21 February 2010
agree
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