Dear sir
How to calculate the partners remuration. please clarified tis problem.
Thanking you.
G.O.Reddy
How to caluclate the partners remuration
obalreddy (accountant) (282 Points)
27 July 2011
Deepak Gupta
(CA Student)
(15922 Points)
Replied 31 July 2011
(a) on the first 3,00,000 of the book-profit or in case of a loss
Rs.1,50,000 or at the rate of 90 percent of the book-profit, whichever is more;
(b) on the balance of the book-profit
at the rate of 60 percent.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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