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

Income Tax - Profit and Gains of Business or Profession - 58 - SEC - 40(ba): PAYMENT OF INTEREST, SALARY, BONUS, COMMISS .....

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mmission or remuneration made by such AOP/BOI to any of its member is disallowed. Note: Interest paid to member less Int .....

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