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(Querist)
19 July 2010 In my partnership deed it was mantioned that partner will get remuneration as per section 40(b) of I.T. Act.

Now section has been modified.Whether i am requied to change my parnership deed or not.
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
19 July 2010 In partnership deed the exact amount of remuneration to be paid to each partners shold be mentioned.

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