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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Adjustment u/s 115JB - remuneration received from the ...


Income from Partnership Firms Must Be Included in Book Profit u/s 115JB of the Income Tax Act.

April 16, 2019

Case Laws     Income Tax     AT

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

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