interest on partners capital

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....nterest on partners capital<br> Query (Issue) Started By: - Dipneet Kaur Dated:- 10-7-2014 Last Reply Date:- 1-8-2014 Income Tax<br>Got 2 Replies<br>Income Tax<br>What are the provisions for this unde....

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....r income tax act under sec 40 b Reply By Dipneet Kaur: The Reply: And also for salary to partners under this sec Reply By Rakesh Chitkara: The Reply: The partnership deed should have clause for payme....

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....nt of interest on partners capital. The interest can be paid maximum &#64; 12&#64;. Partnership can authorize interest payment &#64; more than 12&#37; but it will be restricted to 12&#37;.<br> Discus....

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