Q. In case of loss, a partnership firm may claim deduction in respect of remuneration topartner to the extent of: (Solved)
1. Rs. 1,50,000/-
2. Rs. ,50,000/- or remuneration paid, whichever is lower
3. Rs. 1,50,000/- or 90% of book profit, whichever is lower
4. Nil
- b. Rs. ,50,000/- or remuneration paid, whichever is lower