Partnership and individual return of p
This query is : Resolved
05 January 2015
interest on capital, remuneration, salary of partners where it should be taxable.
05 January 2015
salary to partners is exewmpted u/s 10(2).
while others are taxable as income from business or profession.
while others are taxable as income from business or profession.
11 January 2015
Two different replies on similar queries.
See replies at link given below:
https://www.caclubindia.com/experts/partnership-firm-and-partners-1959384.asp#.VLHfFiuUfUs
Salary to partner is not exempted. Share of profit to Partner in Firm is exempted that too u/s 10(2A) and not Section 10(2).
See replies at link given below:
https://www.caclubindia.com/experts/partnership-firm-and-partners-1959384.asp#.VLHfFiuUfUs
Salary to partner is not exempted. Share of profit to Partner in Firm is exempted that too u/s 10(2A) and not Section 10(2).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Entries in AIS regarding sale of units and shares
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
