Q225
If the book profits of a partnership firm is Rs. 1,10,000, the remuneration admissible to working partners under Section 40(b) of the Income Tax Act, 1961 is
A.
Rs. 1,10,000
B.
Rs. 1,50,000
AnswerC.
Rs. 99,000
D.
None of these
Answer: Option B
Solution
Answer: Option B
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