Tax calculator for computing maximum remuneration payable by firm to its partners as per S 40b as per Income Tax Act

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Book Profit                                         


Remuneration as per section 40b  









Comments

  1. Thanks for this page. Have a request if you make it by example will be better for us to understand.
    M.K.Ghosh

    ReplyDelete
  2. Thanks for the calculation formula

    ReplyDelete
  3. is Interest to partner included in book profit or not

    ReplyDelete

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