Thursday, March 18, 2021

Interest earned on FDs, RDs amp; tax refund to be included while ascertaining ceiling of partner's remuneration

INCOME TAX : Interest earned by assessee-firm on fixed deposits, recurring deposits and interest on income tax refund could not be excluded for purpose of working out book profit to ascertain ceiling of partners's remuneration

from www.taxmann.com Latest Case Laws https://ift.tt/3vz0JfA
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