Calculation of book profits 

Pawan Bothra's image
Pawan Bothra
July 30, 2016, 4:16 p.m.

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Davneet Singh's image
Davneet Singh
Aug. 2, 2016, 11:03 p.m.

Book Profits are calcuated while calculating Salary and Remuneration of Partners for Section 40 (b) Deduction

Refer for details

http://www.teachoo.com/257/70/Section-40(b)-Deduction-for-Salary-and-Interest/Partnership-Business-Income/author/teachoo/

 

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