Question

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Answer 1

Answer:

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Explanation:

Health Insurance is a medical coverage that helps you meet your medical expenses by offering financial assistance. Due to the high cost of hospitalization expenses it is important to have a health insurance plan in place.

Calculation book profit for Partner's Remuneration u/s 40(b)

Book profit calculation is simply profit amount before debiting remuneration amount of partner. For Income tax partner remuneration calculation purpose book profit and actual firm profit is different.