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Q. > Please Help: Remuneration to Partners in Firm as per Income Tax related to AY 2014-15
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1251 views • Question added Jan 30, 2015 • Income Tax • By Mayank Sethi , Indore


What is Remuneration Slab is allowable to partners in Partnership firm as per Income Tax related to AY 2014-15?

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Vijeta Nathani

30-Jan-2015 , 03:09:50 pm

On the 1st 3 Lakhs of the Book Profit or In case of Loss, It should be Rs. 1,50,000/- or 90% of the Book Profit w.e. is more. On balance Book Profit(i.e. Above 3,00,000), 60% of Book Profit.

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Mayank Sethi

03-Feb-2015 , 12:52:33 pm

Thank You Sir.

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