Disallowance of remuneration/ commission - drawing remuneration from partnership firms - there is no law...

Disallowance of remuneration/ commission - drawing remuneration from partnership firms - there is no law (Income tax & Partnership Act) which prohibits a person to work in more than one partnership firms and draw remuneration therefrom - All that Section 40(b) requires is that the remuneration should be paid to a working partner .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X