Income tax filing

This query is : Resolved

Panduranga (Querist)
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06 March 2015 Dear sir/ madam,
I am doing income tax return of firm, whether i have to file return after partners remuneration, and they are getting rental income also how i have to file return.

sales 100000
rent 50000
net profit 20000
renuneration 10000

how to file the return

thanks

Nikhilkumar Bakliwal

Nikhilkumar Bakliwal (Expert)
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06 March 2015 It is obvious to first file the firms return and then the partners return.

The Rent income (if received by the partners individually) will be shown under income from house property.