Updated Online video classes available for CA,CS,CMA for May20 and Nov20 batch. Call: 1800-3000-0505

Income calculation of partner

This query is : Resolved 

A partner having income from only partnership firm can use ITR FORM 3 showing his remuneration ,interest and share on capital but How can calculate income of partner a firm adding his self proprietor business and which ITR FORM he should use

You can file ITR 4 and ITR 4S whichever is applicable

ITR 4S shall not be available in case if the partner is professional providing service as per sec 44AD.

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

Click here to login now

Similar Resolved Queries :

CA Learning