Dear friends,
Can a partner of a CA firm who has salary income from the firm opt for presumptive taxation while filing his personal income tax return? or should this be treated as normal business income?
Kindly clarify
Thanks
Sandeep
Menu
Adoption of presumptive taxation by a partner of a ca firm
Replies (2)
Normal Business income ..
It should be treated as normal business income as such portion of remuneration is given certain exemption while filling the returns of the firm.
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
