TMI BlogIncome from Partnership Firms Must Be Included in Book Profit u/s 115JB of the Income Tax Act.Adjustment u/s 115JB - remuneration received from the partnership firms and credited to Profit and Loss account - no specific adjustment provided under the Explanation to Section 115JB - will form part of book profit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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