119. Maximum Permissible Remuneration and Interest to Partners | Sec. 40(b) | PGBP

Maximum Permissible Remuneration and Interest to Partners | Sec. 40(b) | PGBP
00:00 - Introduction
04:05 - Maximum Permissible Remuneration to Partner in Firm [Sec. 40(b)]
14:07 - Questions on Maximum Permissible Remuneration
30:41 - Computation of Book Profit for Remuneration u/s 40(b)
30:53 - Maximum Permissible Interest on Capital to Partner in Firm [Sec. 40(b)]
32:27 - Questions on Maximum Permissible Interest on Capital
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[@user-lp6ei7qh9g]

All correct sir

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You're welcome 😊

[@Vihan945]

Nice job

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Thanks!

[@ritikakumari3566]

150000 150000 150000 150000 150000 180000 330000 450000 My all ans are correct . I m a cma intermidate student and these classes are my savior . Thank u so much sir for this level of cliraty ❤

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[@satyamsingh4813]

Sir your way of teaching and conceptual clarity is awesome I have fully understand all income tax by your class Sir I have one request Please take a fresh new batch for GST on you tube

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Best session sir 😊....

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Thanku sir

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Welcome

[@priyanshuguptakartavyabatc2334]

14:58 eg 1 ka answer 1,00,000 1,50,000 1,00,000 1,50,000 1,80,000( 2,00,000@90%) 3,30,000(3,00,000@90%+ 1,00,000@60%) 4,50,000(3,00,000@90%+3,00,000@60%)❤❤

[@priyanshuguptakartavyabatc2334]

Out of 7 cases 5 are correct 2 are wrong 💫

[@rohiit_i7]

मजा आ रहा है sir ❤

[@Unfiltered_Meena]

This is amazing the way you teach is incredible sir .. And 7 out of 7 are correct

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Thank u so much....

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[@khushitiwari3253]

Very interesting session sir😊😊

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[@plzunbox7763]

thankyou sir for your choti choti baatein .... they are helpful in long term retention of law 33:25

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Glad you found it helpful! Keep watching😊

[@zainab3308]

Aap boht acha padhate ho ❤sir 😊

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[@ankitjha2]

15:13 Example No. 1 (i) 1,50,000 (ii) 1,50,000 (iii) 1,50,000 (iv) 1,50,000 (v) 1,80,000 (vi) 2,40,000 (vii) 3,60,000

[@ankitjha2]

Only 5 are correct

[@StudyAtHome]

Don't worry! Keep practicing and you will get all correct!

[@ashutosh29113]

Sir your knowledge is awesome about each and every topic or point ,the way you give examples is fabulous 😊

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Thank you so much for your kind words! I'm glad you find the examples helpful. Happy learning😊

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Enjoying income tax provisions Thankyou Sir 🥳

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That's fantastic to hear! You're welcome!😊

[@StudywithCAinterstudent]

My all answers are correct sir

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Great work! Keep it up 👍🏻

[@ameetopiwala7255]

Thank you so much sir for the wonderful lecture 😊

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You're welcome! I am glad that you liked it😊

[@aditisrivastava8533]

15:47 -7 out of 7 are correct 😊

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Amazing. Keep it up!

[@poojagarg254]

Eg. --1 are correct 🙌

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Good!

[@DreamCABhawnaGill]

Example 1. All answers are Correct😊

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Great

[@shivanandagantli7191]

Thank you sir

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You're welcome!

[@nripendraku]

44:45 thankyou so much sir for defth explanation of section 40(B)😊😊

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You're welcome! 😊

[@ankitjha2]

Thank you sir :⁠-⁠)

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You're welcome!

[@filmbuff57]

All answers are correct

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Very Good!

[@user-hv3in8zv4v]

Thank you sir😊

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You're welcome!

[@gauravjagetiya6700]

all are correct.

[@StudyAtHome]

Keep it up!

[@lucknowrailerjalaj3065]

Sir sare sahi kiye crystal clear 19:42

[@Meatmoon]

Sir mai har video like and comment karta hu All questions are correct of mine

[@StudyAtHome]

Thank you so much! Very Good!

[@JayasreeMortika]

Sir, in eg -2 max permissible remuneration will be 3,30,000 becoz book profit is 4 lacs... Then partners remuneration taxable in the ratio of 3:2:1 of 3,30,000...

[@124KritikaSharma]

Thank u sir

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Welcome

[@deepikaarora4732]

Thank you, sir u make tax, so easier for us. and all of my answer is correct of example1. HAPPY LOHRI SIR

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You're most welcome and very good.

[@deepikaarora4732]

@@StudyAtHome thank you sir

[@ayushisrivastava8707]

19:49 6 correct out of 7

[@-Pushkarkumar-bl9np]

Example 1 1.5 lakhs 1.5lakhs 1.5 lakhs 1.5 lakhs 1.5 lakhs or 1.8 lakhs = 1.8 lakhs (higher) 2.7 lakhs + 0.6 lakhs = 3.3 lakhs 2.7 lakhs + 1.8 lakhs = 4.5 lakhs

[@-Pushkarkumar-bl9np]

All answers are correct sir ✅

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Very good!

[@mohammedzain786]

all answers are correct. concepts are crystal clear😍😍😍

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Glad to hear that! Keep watching 😊

[@vajinderkashyap1124]

Bahut mazedar , thanks

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[@adityakumarjaisingh9186]

All correct

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Good!

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AMAZING LECTURE

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Sir bohot bohot dhanyawad ❣️

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Great lecture ❤

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Thank you! 🙂

[@user-mi6ob1oy2g]

my all ans is correct sir

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You're always welcome! 😊🙌

[@nripendraku]

19:51 my answer is absolutely correct sir 😊😊 thankyou so much sir 😊😊

[@StudyAtHome]

Good, you're welcome! 😊

[@71shubhamtiwari49]

Exp 1 1,50,000 1,50,000 1,50,000 1,50,000 1,50,000 3,30,000 4,50,000

[@sarswatikumari4088]

You are great sir ❤

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Thank you!

[@sanjibpaul0820]

15:17 All are correct

[@rishabhmishra4855]

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16:47 Absolutely right sir 😊😊

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Awesome session sir

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GREAT SIR

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Thank you!

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Thankyou so much sir.🙏

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[@aishwariyakumawat9189]

19:54 my 2 answers are wrong rest all are correct , but I,m happy .... thank u sir for everything you are doing.. i have suggested 2 more friends to watch your IT and GST lectures.....🥰

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Good and thank you so much! 😊🙌

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This chapter is more hard to understand 😢.....dubara dekhna padega

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Hnn PGBP bohot hard lag rha h 😢 Bohot saare provisions hai

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Revise and you will be able to understand and retain it better. 😊

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[@chauhanayush654]

sir all ans. of example were correct 🎉

[@nripendraku]

15:15 examp. (1) (i) = 1,50,000 (ii)= 1,50,000 (III)= 1,50,000 (iv)= 1,50,000 (v)= 1,80,000 (vi)2,70,000+60,000= 3,30,000 (vii) 2,70,000+1,80,000= 4,50,000

[@encouragement9876]

example (1) max remuneration to all partners 1)150000 2)150000 3)150000 4)150000 5)180000 6)330000 7)450000

[@encouragement9876]

ALL CORRECT SIR...

[@mere_krishna123]

19:54 six ans are correct ....out of 7 ...

[@manasranjannath6088]

My 3 answer are correct

[@StudyAtHome]

Good!😊

[@Entrepreneur_01826]

eg1 all right

[@Muslim-or1bz]

I find this chapter very hard that's why i am seeing again

[@dhiraj5951]

15:18 eg1 1. 1,50,000 2.1,50,000 3.150000 4.150000 5.180000 6.330000

[@akashhazarika1922]

15:21 Eg:1 maximum remuneration 150000 150000 90000 150000 180000 330000 450000

[@nripendraku]

33:28 Yes sir 😊😊

[@fcamehak]

example 1: my all answers are correct

[@nripendraku]

❤ Good evening sir ❤

[@ashishdiwadkar9706]

Thanks alotsir 🙏

[@StudyAtHome]

You're always welcome 😊

[@rohangupta2506]

Sir in example 2, max permissible remuneration will be calculated on 10Lakhs( 4lakh net profit and 6 lakh remuneration charged in P/L) please correct me if i am wrong cz this is only where i got confused

[@plzunbox7763]

studing ❌❌ growing✅✅

[@filmbuff57]

If there is Unabsorbed srce and fpce Should we deduct this from net profit as per P/L before tax

[@rdxbihari1779]

example 1 i.150000 ii.150000 iii.150000 iv.150000 v.180000 vi.330000 vii.450000

[@rdxbihari1779]

correct all

[@jharagini3862]

Example 1: 150000 150000 150000 150000 180000 330000 540000

[@jharagini3862]

Sir ek galat ho gaya😢

[@sarswatikumari4088]

5 correct out of 6

[@StudyAtHome]

Good! Keep practicing and you will get 6 out 6!

[@PrasadAdhav-dv7kh]

15:45 1. 150000 2. 150000 3. 150000 4. 150000 5. 180000 6. 330000 7. 450000

[@BILOOBADSHAH-xc8fd]

SIR JI PDHATE WAQT NA TOPICS K FLOW CHARTS BNAYA KIJIYE NOTES BNANE M HELPFUL RHTA H !!

[@itsme-sneha]

Example 1 150,000 150,000 150,000 150,000 180000 330000 450000

[@itsme-sneha]

All correct 💯

[@Suneha04]

E.g. 1 1. 1,50,000 2. 1,50,000 3. 1,50,000 4. 1,50,000 5. 1,80,000 6. 3,30,000 7. 4,50,000

[@pavank5497]

Sir This means Remuneration to dormant partner is not Allowed ..?? Please sir clarify this 🙏🙏🙏

[@chiragmalpani596]

EX 1 MAXIMUM REMUNERATION TO ALL PARTNER . 100000 .150000 .100000 .150000 180000 330000 450000

[@chiragmalpani596]

Sir max tha 100000 ki jageh 150000 hoga Out of 7 I got 5 correct

[@StudyAtHome]

Good!

[@tanishq_agrawal]

30:00

[@Jasx_12]

31:44 sir jab deed me naa likha ho ki kitna Int on capital Dena hai toh wo 6% hota hai naa Partnership act me hai ye toh Income tax apna bana krr alag alag kyu kr krta ha

[@263basantmehta9]

6 out of 6 are correct

[@StudyAtHome]

Keep it up!

[@krishnadasar9024]

Example 1 Max remuneration to all partners answers = 1)150000 2)150000 3)150000 4)150000 5)195000 6)375000 7)510000 Mine was 4 correct outof 7 😅

[@StudyAtHome]

Try again

[@unforgettxxle]

Sir I have a question I wanted to ask if I cover your lectures from here then do I also need to cover the past MTP rtps on my own ??

[@StudyAtHome]

You can cover them too for more practice and confidence. However, the lectures are enough to grasp the concept.

[@bansisamani4953]

Sir when the course will be completed?

[@poojasehrawat55]

ex-1 ;- 1,50,000 150,000 1,50,000 1,50,000 1,80,000 1,50,000 or 60000 2,70,000 or 1,20,000

[@poojasehrawat55]

last 2 didn't add ....and in last one took 60% of 2 lac by mistake🥲

[@NehaGupta-zu9gv]

7out of 7are correct mine

[@StudyAtHome]

Amazing

[@ameetopiwala7255]

Example 1 Till 5 - 150000 6- 384000 7 - 576000

[@ameetopiwala7255]

My Last 3 are wrong 😅

[@surajbhosale9083]

Sir in book profit calculation you take "excess int paid to partners" liya hai but in module(ca inter) illustration-12 in book profit calculation waha excess nhi liya hai 12% liya jitna ki allow hai , but agar aapke method se kre to answer alag aa raha hai pls check sir !!! Konsa sahi hai??😢

[@StudyAtHome]

In Sir's example, interest was already deducted more so he added it back while in the book, it wasn't taken in excess.

[@parthasarathibiswas1616]

Example 1. 1,50,000 1,50,000 1,50,000 1,50,000 1,80,000 3,30,000 5,50,000 Sir my last one is wrong. It should be 4,50,000 not 5,50,000

[@yashb933]

I didn't get the point of adding remuneration paid to partners back to net profit...i watched many times still didn't get it...can anyone explain in simple words 🙏

[@StudyAtHome]

You are calculating profit for the purpose of calculating remuneration

[@shagunkesarwani2497]

5 out of 7 correct

[@StudyAtHome]

You're welcome! 😊🙌

[@singareddyvivek2350]

Sir can sleeping partner receive interest on capital ?

[@VishalShrimal-xe6hd]

Sir mene old chapter salary or house property k query bheji thi pls reply me