E-filling of income tax return

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 January 2014 dear sir

i am a partner of a partnership firm. i received interest on capital and remunaration of the firm also i have income from other business. my quiry is which form I used for e-filling and where i show interest and remunaration in ITR????

17 January 2014 Interest on Capital & Remuneration from Partnership firm as a partner both are business income.ITR 3 is correct form

17 January 2014 have to disagree with Ajay here..

ITR 3 is applicable only if there is no other business income except for remuneration/interest from the partnership firms.

In this case, ITR 4 shall be applicable.

17 January 2014 Interest and remuneration from partnership firm may be shown in

Schedule BP A 23 of ITR-4.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query