Interest
This query is : Resolved
Shailesh Kumar
(Querist)
20 October 2019
Sir
A person is a partner in a firm and from that he gets interest on his capital.
If he also pays interest on other loan, can he claim that interest.
A person is a partner in a firm and from that he gets interest on his capital.
If he also pays interest on other loan, can he claim that interest.
26 May 2020
Interest on capital will be shown as Income in ITR Filling.
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