Partners professional fees.
sanjay kumar (Advocate) (179 Points)
26 January 2022sanjay kumar (Advocate) (179 Points)
26 January 2022
CA Sanchi Saraf, Nagpur(India)
(Chartered Accountant)
(48 Points)
Replied 04 February 2022
Yes, partners can take consideration in exchange of providing their expertise to the firm. Such consideration would be considered as being provided to an expert and not to the partner.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)