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Salary from partnership firm



Querist : Anonymous (Querist)
10 August 2018
R/All

a taxpayer having income from business and profession and also received salary from partnership firm. which itr form to be filled and salary from partnership firm to be shown in which head.

kindly suggest

regards


B.Chackrapani Warrier (Expert)
10 August 2018
ITR-3.

If employed not in the firm in which he is a partner, declare salary under the head
'income from salary'

If salary is received from the firm in which he is a partner, route it through the P&L of his personal business/profession.


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