Question:medium
A firm of Chartered Accountants which satisfies all conditions of sections 184 and 40(b) for the Assessment Year 2025-26, has paid remuneration to partners amounting to ₹2,75,000. The book profit of the firm is ₹41,050. The firm can claim deduction for remuneration paid to partners of:
A firm of Chartered Accountants which satisfies all conditions of sections 184 and 40(b) for the Assessment Year 2025-26, has paid remuneration to partners amounting to ₹2,75,000. The book profit of the firm is ₹41,050. The firm can claim deduction for remuneration paid to partners of:
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Logic Tip: For firms, partner remuneration deduction depends upon book profit limits prescribed under Section 40(b).
Updated On: May 29, 2026
- ₹2,75,000
- ₹3,00,000
- ₹36,945
- ₹24,630
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The Correct Option is A
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