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Partnership firm partner salary and interest

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(Querist)
01 December 2021 Dear Sir,
Whether a partnership opting 44AD, can deduct partner salary and interest from net profit calculated @ 8% or firm has to pay tax on net 8%
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B Sathyanarayanan

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B Sathyanarayanan (Expert)
01 December 2021 You have to pay tax at net 8% and you are not allowed for any other deduction under 44AD , No interest and Salary is allowed .

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