Partnership and Section 44AD

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Quick Summary
This discussion concerns the taxability of income declared under Section 44AD for a partnership firm. The core question is whether the tax is calculated on the firm's income before or after deducting partner remuneration and interest. The prevailing view is that tax under Section 44AD is payable on income before these specific deductions are considered.

21 August 2025 If I declare income of a partnership firm U/S.44AD. Whether tax will be payable on income before deduction of Partners remuneration/Interest or after deduction of the same ?

21 August 2025 Before any such prohibited deductions.

22 September 2025 Good luck..


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