How does the accounting treatment of a partner's salary
differ from that of an employee's salary in a partnership?
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Answer / satyaki_raju@yahoo.com
Kavitha do you know what you are answering
Limitation to partners salary will be fixed by sec 40b of
the income tax act and the salary will be credited to his
capital at the end of the year.
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Answer / kavita
in parter salary limit is provided to professional and non
professional and 12%interest is given.
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