Which return need to be use
This query is : Resolved
14 March 2017
Hi Expert,
i am salary person as well as i am partner of one partnership firm and getting partner remuneration from there, my query is as follows:
1) which ITR need to be filed
2) under which head show that income (i.e.partner remuneration)
3) if that income shows under income from Business and profession then where need to be show in ITR.
Kindly suggest as i have to file my previous year return.
Thanks & Regards
i am salary person as well as i am partner of one partnership firm and getting partner remuneration from there, my query is as follows:
1) which ITR need to be filed
2) under which head show that income (i.e.partner remuneration)
3) if that income shows under income from Business and profession then where need to be show in ITR.
Kindly suggest as i have to file my previous year return.
Thanks & Regards
CA Gopal Somani
(Expert)
15 March 2017
ITR -3. Show as business income. Show in "Profits and gains from business or profession" and in Schedule BP.
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
- Nursery business
- Tax on Amount transferred in HUF Account
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
