Clubbing of income
This query is : Resolved
Manoj saraf
(Querist)
07 June 2014
Kindly advice whether interest income and share of profit of wife from a partnership firm (husband and wife are the only partners)dealing in trading activities,will be clubbed with the income of husband or not.
07 June 2014
if both are active partners then no question of clubbing arises.
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