Treatment of income of wife in a partnership firm
This query is : Resolved
22 October 2014
if the spouse are the partners of a Firm, the wife remuneration and profit can be show in her income tax returns? If no give a detailed reason
22 October 2014
if she is an active partner, then yes it will be shown in her tax return only.
22 October 2014
thank you, can u tell me in which section its covered under income tax 1961
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