Section 40(ba) - Payment of interest, salary etc. made by AOP to its members

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..... ent of Interest, Salary, Bonus, Commission, or Remuneration made by AOP/BOI to its Members In the case of a AOP/ BOI any payment of interest, salary, bonus, commission or remuneration made by such AOP .....

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..... ity, then interest paid in individual capacity be allowed. Salary paid in any capacity is to be disallowed. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Ma .....

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