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11 November 2013 Profit from firm is taxable or Remuneration from firm is taxable in the hands of partner & in which Section..??
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Manpalca

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Manpalca (Expert)
11 November 2013 Remuneration From Partnership Firm is Taxable in the hands of Partner While, Share in Profit From Partnership Firm is exempt in the hands of Partner u/s 10(2A)
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Pratiksha Dhaker

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Pratiksha Dhaker (Querist)
11 November 2013 Thank you for reply..
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
11 November 2013 Section under which 'remuneration from partnership firm'is taxed is 28(v) of the Income tax Act,1961.
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