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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Estimated profit u/s 44AD - remuneration to partners - the ...

Income Tax

May 26, 2016

Estimated profit u/s 44AD - remuneration to partners - the statute itself in section 44AD of the Act, allowed separate deductions towards interest on capital accounts and remuneration to partner’s, after estimation of net profit from the gross receipts. - AT

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