Question ID :
29567
Sec 44AD
As per section 44AD, determined profit is deemed to be after deduction of depreciation and partners remuneration.
In a given example if the taxable profit as per section 44AD is Rs 8 lacs. Can anybody suggest how to do reverse calculation to arrive at remuneration to partners to be offered to tax in their individual hands.
posted by
Ethirajan
on
Apr 16 2018 12:00AM