the firm had reconstitute the partnership deed on 01sep17 and in that states that remuneration will be allowable to working partner as per it act ..so my query is that whether the remuneration will be allowed on profit earned from 01 apr 17 to 01 sep 17??..
earlier deed was silent on remunetation clause.
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partners remuneration
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As per my view.,
No.... As per deed "Remuneration Not Applicable for the said period"
No.... As per deed "Remuneration Not Applicable for the said period"
can it be subtantiated with the relevant provision ??
Please find the deatails in this attachments
what if the salary clause is added suppose in the month of march 2018 so deduction for a/y 18-19 is admissible for salary or not
partnership is registered before 1-4-2017 but until march salary clause was not there ??
partnership is registered before 1-4-2017 but until march salary clause was not there ??
I'm not understanding this one..
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